Penn Engineering keeps repricing wave going with its $465m launch

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Penn Engineering keeps repricing wave going with its $465m launch

Ross Lancaster
May 28, 2015 07:00 pm
screws right size
group of zinc coated screws, isolated on white | Photographer: Nikola Spasenoski/Nikola Spasenoski - Fotolia

Penn Engineering, the US fasteners maker, has launched a $465m-equivalent repricing to cut margins on its dollar and euro loans by 50bp.

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