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Vendex to start roadshow for €275 million notes early next week
By Paul A. Harris
St. Louis, Sept. 22 - Victoria Acquisition II BV (Vendex) will begin a roadshow early next week for a €275 million offering of senior notes, according to market sources.
Citigroup and ING have the books.
Although the structure remains to be determined, the company is expected to sell bonds with a 10-year maturity and to also make an offering of floating-rate notes.
Proceeds will be used to finance the acquisition of Vendex KKB led by Kohlberg Kravis Roberts & Co., Cinven, Permira and AlpInvest.
Vendex is an Amsterdam, Netherlands, company that owns and operates department stores.
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