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 5/3/2018 in the Prospect News High Yield Daily.

Aldesa talks €300 million seven-year secured notes to yield 8¾%-9%; pricing Friday

By Paul A. Harris

Portland, Ore., May 3 – Aldesa Agrupacion Empresarial, SAU talked its €300 million offering of seven-year senior secured notes (B2//B) to yield 8¾% to 9%, according to market sources.

The deal is set to price on Friday.

JPMorgan is the lead.

The notes come with three years of call protection.

The Madrid-based provider of engineering and construction services plans to use the proceeds to refinance its 7¼% senior secured notes due 2021.


© 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.