Marlin pays 10.5% for £150m on fifth debt collector bond

UK debt purchaser Marlin Financial made its £150m bond debut on Thursday — the fifth high yield issuer from the sector.

  • By Stefanie Linhardt
  • 18 Jul 2013

The senior secured seven year non-call three notes were priced at par with a 10.5% coupon.

“Marlin went pretty well,” said a banker close to the deal. “The book was two times oversubscribed and had 45 accounts in the book — mainly the usual suspects who buy bonds in ...

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