Portucel loses some funds as it tightens to 5.375%, but deal still increased to €350m

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Portucel loses some funds as it tightens to 5.375%, but deal still increased to €350m

Portucel, the Portuguese paper maker, has sold an increased high yield bond offering at tightened yield guidance. The €350m seven year bond was €100m larger than planned and came with a 5.375% coupon.

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