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France’s Winoa postpones €260 million notes due to market conditions
By Paul A. Harris
Portland, Ore., July 22 – Winoa Group postponed its €260 million offering of six-year senior secured notes (B2/B-) due to market conditions, a market source said on Tuesday.
The Le Cheylas, France-based producer and distributor of steel abrasive products had planned to use the proceeds to refinance debt.
Deutsche Bank and KKR were the underwriters.
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