Nexi starts roadshow for €825 million five-, eight-year bullet notes

By Paul A. Harris

Portland, Ore., Oct. 9 – Nexi SpA started a roadshow on Wednesday for an €825 million offering of senior notes (Ba3/BB-/BB-) in two bullet tranches with maturities in 2024 and 2027, according to a market source.

The roadshow is scheduled to run through Thursday.

The Milan, Italy-based financial services provider plans to use proceeds from the Regulation S deal to repay all €825 million of its 4 1/8% senior secured notes due Nov. 1, 2023.

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