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Published on 12/31/2019 in the Prospect News High Yield Daily.

New Issue: Evoca parent sells €210 million floating-rate PIK notes due 2027

By Marisa Wong

Los Angeles, Dec. 31 – Evoca SpA announced that LSF9 Canto MidCo DAC, its direct holding company, has completed an institutional private placement of €210 million of floating-rate senior secured notes due 2027.

The PIK notes are not guaranteed by Evoca or any of its subsidiaries, according to a news release.

Evoca is a Valbrembo, Italy-based manufacturer of food and drink vending machines.

Issuer:LSF9 Canto MidCo DAC
Issue:Senior secured floating-rate PIK notes
Amount:€210 million
Maturity:2027
Announcement date:Dec. 31

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