Ifco seals revival with increased HY bond
Ifco Systems priced an increased seven year non-call four year high yield bond on Friday, boosting hopes that the market’s revival is entering a new phase. The deal for the Dutch logistics and services company (BB-/BB-/Ba3), increased from Eu180m to Eu200m, was issued at 95.75 with a coupon of 10%, to yield 10.875%.
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