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
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers H > Headlines for House of Fraser > News item
Published on 5/18/2011 in the Prospect News Bank Loan Daily.

House of Fraser to pay down loan borrowings with notes proceeds

By Sara Rosenberg

New York, May 18 - House of Fraser (Funding) plc plans to refinance existing bank debt using proceeds from a £250 million senior secured notes offering, according to a market source.

Remaining proceeds will be used for general corporate purposes.

House of Fraser is a department store group in the United Kingdom and Ireland.


© 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.