E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/27/2015 in the Prospect News Bank Loan Daily.

B3 Living to refinance some existing bank debt with new notes proceeds

By Toni Weeks

San Luis Obispo, Calif., Feb. 27 – B3 Living Ltd. said it plans to refinance some of its existing bank debt with the proceeds from a private placement of notes arranged on Feb. 26 with investor M&G Investment Management Ltd., according to a company notice with the London Stock Exchange.

The refinancing will not include the repayment of any of the company’s £68 million of 4.823% bonds due Jan. 29, 2038.

B3 is a social housing provider based in Hoddesdon, England.


© 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.