France's SPIE starts roadshow for €375 million notes in two tranches

By Paul A. Harris

Portland, Ore., March 26 - French engineering firm SPIE began a roadshow on Monday for a €375 million two-part senior notes offering, according to a syndicate source.

The deal features tranches of 7.5-year notes and 3.5-year notes.

Joint bookrunner and joint global coordinator Morgan Stanley will bill and deliver. HSBC and SG CIB are also joint global coordinators and joint bookrunners. Credit Agricole CIB, Deutsche Bank AG, BNP Paribas and Natixis are joint bookrunners.

The roadshow wraps up on Wednesday.

Credit ratings remain to be determined.

The issuing entity is special purpose vehicle SPIE Bondco 3 SCA.

Proceeds from the Rule 144A and Regulation S for life deal will be used to refinance debt.

© 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.