Plastic Omnium collects feedback for first public bond issue
Plastic Omnium, the unrated French maker of plastic car parts and rubbish bins, is expected to move ahead tomorrow towards its first public bond issue, when investors in much of continental Europe return to their desks after today’s Pentecost holiday.
Deutsche Bank, Natixis and Royal Bank of Scotland held a roadshow last week and have had some encouraging feedback from investors. Communication will resume tomorrow.
Plastic Omnium is listed in Paris, with a turnover that grew 14% in 2012 to 4.8bn.
In October, it issued a 250m Euro-private placement. BNP
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