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Corporate Bonds

Kinetic plans euro HY bonds, first LBO deal for three months

Kinetic Concepts, the US maker of wound dressings, will issue euro-denominated bonds to support its $6.3bn buyout by Apax Partners. If the deal comes to market soon, it could be the first high yield bond in euros from a company that has been through an LBO since Bormioli Rocco’s deal on July 27.

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