By Lisa Kerner
Charlotte, N.C., Aug. 29 – Lavendon Group plc issued two new loan notes totaling €35 million in the U.S. private placement market.
Both notes are for €17.5 million. The first matures in August 2021 and the second matures in August 2024.
The company’s existing U.S. private placement of €60 million maturing in July 2019 will remain in place, according to a news release.
Lavendon rents powered access equipment in Europe and the Middle East. The company is based in Leicestershire, England.
| Issuer: | Lavendon Group plc
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| Issue: | Loan notes
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| Distribution: | Private placement
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| Seven-year notes
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| Amount: | €17.5 million
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| Maturity: | August 2021
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| 10-year notes
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| Amount: | €17.5 million
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| Maturity: | August 2024
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