Hope returns to HY with Com Hem krona
Swedish cable operator Com Hem brought good news to the European high yield market this week, by selling the first bond since July that refinanced an LBO bridge loan — even if the deal was at first privately placed.
The Skr3.492bn (383m) of seven year non-call three senior secured notes were sold on Thursday by bookrunners Goldman Sachs (billing and delivering), Bank of America Merrill Lynch, Deutsche Bank, Morgan Stanley, Nordea and UBS.
"They chose a good time to do it," said a banker away from the deal,
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