RPG Byty, Czech housing owner, seeks ‘portable’ HY issue before potential sale

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RPG Byty, Czech housing owner, seeks ‘portable’ HY issue before potential sale

RPG Byty, the Czech Republic's largest privately owned residential property company, is trying to sell a €400m high yield bond due 2020. Joint bookrunners Goldman Sachs and JP Morgan released guidance in the 7% area first thing on Friday morning. Books close at midday London time, with the deal pricing thereafter.

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