Getlink starts roadshow for €500 million five-year green bonds

By Paul A. Harris

Portland, Ore., Sept. 24 – Getlink SE began a roadshow on London's West End on Monday for a €500 million offering of five-year senior secured green notes (expected ratings /BB/BB+), according to a market source.

The roadshow moves to London City on Tuesday and to Paris on Wednesday.

Joint global coordinator, joint bookrunner and green structuring adviser Goldman Sachs will bill and deliver for the Regulation S offering. BNP Paribas is also a joint global coordinator, joint bookrunner and green structuring adviser. Deutsche Bank is a joint bookrunner.

The notes become callable at par plus 50% of the coupon after two years.

Proceeds will be used to refinance the G2 bridge loan, to finance capital expenditures in relation to the ElecLink electricity interconnector between the United Kingdom and France and to finance other green-eligible assets.

Getlink is a Paris-based mobility infrastructure and international transport company. It is also the parent of Eurotunnel.

© 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.