Three dollar deals scoop $1.15bn from European investors
Three US dollar denominated bonds hit the European high yield market this week, with Belgium’s Carmeuse, Australia’s Consolidated Minerals and Luxembourg’s Dematic together raising $1.15bn (Eu800m).
Lime producer Carmeuse increased its 2018 non-call four bond to $450m on Monday and priced the deal at the mid-point of guidance, at 6.875%. Price talk for the notes, provisionally rated B1/BB-, was in the 6.75%-7% area.
"The deal was announced at $375m and increased to $450m on
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