Innovia sells €342m debut high yield bond at tightened talk

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Innovia sells €342m debut high yield bond at tightened talk

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Innovia Group sold its debut high yield bond in line with final guidance having been able to tighten the level throughout the bookbuilding process. The maker of films for the packaging industry priced €342m of six year floating rate notes at 500bp over Euribor at 99.5.

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