Ardagh trades up after pricing upsized PIK
Ardagh Group's PIK notes were trading tighter on Tuesday after being priced inside guidance last Friday. The Irish metal and glass packaging company sold the equivalent of about Eu430m of euro and dollar senior secured 2018 PIK notes through sole bookrunner Citi.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts