Arrow Global sets Thursday investor meeting for €225 million secured floating-rate notes offering

By Paul A. Harris

Portland, Ore., April 13 – Arrow Global Finance plc set an investor meeting in London on Thursday to roll out a €225 million offering of seven-year senior secured floating-rate notes, according to a market source.

The Rule 144A and Regulation S deal is also expected to price on Thursday, the source added.

Global coordinator and physical bookrunner Goldman Sachs International will bill and deliver. JPMorgan and HSBC are also global coordinators and physical bookrunners.

The notes come with three years of call protection.

The Manchester, England-based purchaser of consumer debt and provider of receivables management solutions plans to use the proceeds to finance the acquisition of InVesting BV, a consumer debt purchaser and collections provider with operations in the Netherlands and Belgium.

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