WIND Hellas talks €250 million five-year notes with 10% area coupon at 98; books close Friday

By Paul A. Harris

Portland, Ore., Oct. 27 – Crystal Almond Sarl, the parent of WIND Hellas Telecommunications SA, talked its €250 million offering of five-year senior secured notes (/B/B) with a coupon in the 10% area and with an original issue discount of 98, according to a London-based sellside source.

Books close Friday.

JPMorgan is running the books for the Rule 144A and Regulation S offering.

The Athens, Greece-based telecommunications services provider plans to use the proceeds to refinance its existing senior secured facility and for the general corporate purposes of WIND Hellas, including capital expenditure investments.

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