Spain's ONO to start roadshow Friday in New York for €300 million 10-year notes

By Paul A. Harris

St. Louis, April 28 - ONO Finance will begin a roadshow Friday in New York City for a €300 million offering of 10-year senior notes, a syndicate source said.

A May 3-7 European roadshow is set to follow, with pricing expected to take place on May 7.

BNP Paribas and Morgan Stanley have the physical books on the Rule 144A/Regulation S deal. Banc of America Securities and Deutsche Bank Securities are joint bookrunners.

The notes will come with five years of call protection.

Proceeds will be used to refinance debt.

The issuer is a Madrid, Spain-based cable, telephone and internet communications company.

© 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.