Nord Anglia Education to tap existing bond amid improving global markets
Nord Anglia Education (UK) Holdings will be tapping an existing bond after market-soothing messages from China and the US fed some stability to global financial markets.
The Hong Kong-based issuer, which owns 14 schools in Europe, Asia and the Middle East, will be reopening its $325m five non-call three bond that was issued at a 10.25% coupon on March 21, 2012.
The Reg S/144A deal, which will be executed mostly as a US domestic
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