Acquisitive Loxam storms into HY markets again with €1.4bn bond package

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Acquisitive Loxam storms into HY markets again with €1.4bn bond package

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Loxam, the French supplier of industrial rental equipment, printed €1.15bn senior secured notes and €250m of subordinated notes this week, risking a future rating downgrade as it loads up more debt to finance its biggest ever acquisition.

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