Sweden’s Perstorp draws interest for $1bn HY debut
Perstorp, the Swedish speciality chemicals maker controlled by PAI Partners, launched a US and European-targeted high yield bond roadshow on Wednesday, as investors and bankers in New York returned to work after the devastation of Hurricane Sandy.
Perstorp plans to raise $1.09bn in euros and dollars in its debut bond issue.
The company started its roadshow on the US west coast on Wednesday and met investors in Boston on Thursday. Arrangers Goldman Sachs and JP Morgan expected to be in New York by Monday or Tuesday,
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