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France’s Atalian issues contingent call for €400 million of 7¼% notes
By Susanna Moon
Chicago, April 26 – La Financiere Atalian SAS plans to redeem its €400 million principal amount of 7¼% senior notes due 2020 using proceeds of a new issue.
The redemption will occur on May 25 and is contingent on the issue of €600 million of senior notes by the redemption date, according to a company notice.
As reported, the company started a roadshow on Tuesday for the €600 million offering of seven-year senior notes.
Proceeds also will be used to pay off existing bilateral agreements and for general corporate purposes, including acquisitions.
The company is a Paris-based provider of outsourced building services.
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