Hornbach-Baumarkt €200 million bond offering slated for October

By Paul A. Harris

St. Louis, Sept. 3 - Hornbach-Baumarkt-AG is expected to bring up to €200 million of bonds to the high-yield primary market in October, according to a market source.

Deutsche Bank Securities will run the books for the Rule 144A deal.

Proceeds will be used to improve the company's long-term capital structure and to secure its liquidity for further growth.

The Bornheim bei Landau/Pfalz, Germany-based company operates do-it-yourself retail markets and garden centers.

© 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.