Valora doubles Schuldschein after eager demand

Valora Holding, the Swiss retail group, raised €150m with a 5.5 year Schuldschein issue that was completed on Wednesday. The facility was doubled due to investor demand.

  • By Olivier Holmey
  • 31 Oct 2013

The debt originally totalled just €75m, but because lenders were willing to accept attractive terms at the lower range of the margin guidance, Valora chose to raise twice the amount.

Commerzbank and Landesbank Baden-Württemberg together led the deal, which will be used to refinance term loans.

Swiss, ...

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1 CITIC Securities 1,560.67 2 10.70%
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4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%