Victra to sell $80 million more 7¾% secured notes due 2026 on Monday

By Paul A. Harris

Portland, Ore., Nov. 8 – Victra Finance Corp. plans to price an $80 million add-on to its 7¾% senior secured notes due Feb. 15, 2026 in a Monday drive-by trailing a conference call with investors, according to an informed source.

Truist Securities Inc. and UBS Securities LLC are the joint bookrunners for the Rule 144A and Regulation S for life offering.

The notes become callable on Feb. 15, 2023 at 103.875.

The Raleigh, N.C.-based retailer of wireless products and services plans to use the proceeds to repay its term loan and for general corporate purposes.

The co-issuer is LSF9 Atlantis Holdings, LLC.

The original $600 million issue priced in February 2021. A previous $75 million add-on priced in May 2021.

The add-on notes will become fungible with the existing notes.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.