Ardagh Glass guidance for €300 million seven-year notes 9½%-9 5/8%, pricing expected Friday

By Paul A. Harris

St. Louis, June 18 - Ardagh Glass Finance plc set price guidance for its €300 million offering of seven-year first-priority senior secured notes at 9½% to 9 5/8%, according to an informed source.

The deal is expected to price on Friday.

Citigroup has the books for the Rule 144A and Regulation S offering, which is being run off the high-yield desk in London.

The notes come with four years of call protection.

Proceeds will be used to repay existing senior debt and for general corporate purposes.

Ardagh is a Dublin, Ireland-based glass container manufacturer.

© 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.