France’s Antalis postpones €325 million secured notes, cites market

By Paul A. Harris

Portland, Ore., July 7 – Antalis International cited market conditions as it postponed its €325 million offering of seven-year senior secured notes (B3/B+), according to a Friday press release.

The deal was being managed by Goldman Sachs International.

The Paris-based business-to-business distributor of paper and packaging solutions had planned to use the proceeds to repay bank debt, fund working capital and for general corporate purposes.

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