Agrokor 150 million euros five-year notes talked in 11% area

By Paul A. Harris

St. Louis, Mo., Feb. 25 - Agrokor d.d.'s offering of €150 million senior guaranteed notes due 2007 (B1/B+) are talked at a yield in the 11% area, according to market sources.

Credit Suisse First Boston is bookrunner for the deal.

The notes are non-callable and are guaranteed by at least 90% of the Zagreb, Croatia-based food company's operating subsidiaries.

Proceeds will be used to repay bank debt, according to market sources.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.