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Yell (Hibu) starts roadshow for £225 million five-year secured notes
By Paul A. Harris
Portland, Ore., April 19 – Hibu Group started a roadshow on Thursday for a £225 million offering of Yell Bondco plc five-year senior secured notes (expected B3/confirmed B-), according to a market source.
The deal, which is being managed by global coordinator and left lead Credit Suisse, is set to price in the April 23 week.
Proceeds will be used to repay debt.
Hibu, formerly the Yell Group, is a multinational directories and internet services company based in Reading, England.
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