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Prospect News home > News index > List of issuers A > Headlines for ABP Acquisitions UK Ltd. > News item
Published on 1/24/2014 in the Prospect News Private Placement Daily.

New Issue: ABP Acquisitions UK places £50 million floating-rate notes due 2030

By Lisa Kerner

Charlotte, N.C., Jan. 24 - ABPA Holdings Ltd. subsidiary ABP Acquisitions UK Ltd. placed £50 million of floating-rate senior secured guaranteed notes due 2030.

The notes have an average life of 16 years, according to an ABP Finance plc news release.

Proceeds will be used to refinance an equivalent amount of ABP Acquisitions UK's existing bank facilities.

ABP Finance is also a subsidiary of ABPA Holdings, a London-based port operator.

Issuer:ABP Acquisitions UK Ltd.
Issue:Floating-rate senior secured guaranteed notes
Amount:£50 million
Maturity:2030
Distribution:Private placement
Announcement date:Jan. 24

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