France's Nexans plans non-deal roadshow in Europe starting Monday

By Paul A. Harris

Portland, Ore., Dec. 7 - France's Nexans is planning to conduct a non-deal roadshow in Europe staring Monday in what promises to be another busy week in the European primary market, a London-based debt capital markets banker said.

BNP Paribas, Credit Agricole CIB and SG CIB are leading the roadshow for the Paris-based cable-maker ahead an expected offering of debt.

Also on Monday, German industrial firm KraussMaffei AG is expected to price its €325 million offering of eight-year senior secured notes (expected B2/confirmed B-).

The Munich-based manufacturer of machinery and systems for the processing of plastics and rubber held a roadshow for the deal during the Dec. 3 week.

Joint bookrunner Credit Suisse will bill and deliver. Barclays and RBC are also joint bookrunners.

Proceeds will be used to help fund the acquisition of KraussMaffei by Onex Corp.

© 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.