By Wendy Van Sickle
Columbus, Ohio, July 19 – Docuformas SAPI de CV priced $300 million of 10¼% five-year notes (BB-/BB-) at 99.248, according to a news release on Friday.
UBS was the bookrunner of the notes.
Proceeds of the Rule 144A and Regulation S offering will be used to repay the company’s existing bonds 2022 and for general corporate purposes, including debt amortization and portfolio growth.
Based in Mexico, Docuformas provides various financial services.
| Issuer: | Docuformas SAPI de CV
|
| Amount: | $300 million
|
| Maturity: | July 24, 2024
|
| Description: | Senior notes
|
| Bookrunner: | UBS
|
| Coupon: | 10¼%
|
| Price: | 99.248
|
| Trade date: | July 17
|
| Settlement date: | July 24
|
| Ratings: | S&P: BB-
|
| Fitch: BB-
|
| Distribution: | Rule 144A and Regulation S
|
© 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.
