E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/2/2019 in the Prospect News Emerging Markets Daily.

New Issue: GTLK Europe sells $550 million 4.949% guaranteed notes due 2026

By Marisa Wong

Los Angeles, Oct. 2 – GTLK Europe Capital DAC issued $550 million of 4.949% guaranteed notes due 2026, according to a notice.

The notes will be guaranteed by parent company GTLK Europe DAC and its parent, PJSC State Transport Leasing Co., as previously reported.

Proceeds will be used mainly for general corporate purposes, including refinancing dollar-denominated debt.

GTLK is owned by a state-owned transport leasing company in Russia.

Issuer:GTLK Europe Capital DAC
Guarantors:GTLK Europe DAC and State Transport Leasing Co. PJSC
Issue:Notes
Amount:$550 million
Maturity:2026
Coupon:4.949%
Announcement date:Oct. 2
Rating:Fitch: BB+

© 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.