Electrocomponents enters the US PP market

By Silas Brown
13 Jun 2019

Electrocomponents, an industrial and electronics distributor headquartered in London, has entered the US private placement market to refinance existing notes, according to sources in the market.

Bank of America and Barclays are arranging the seven to 12 year transaction, which will mostly be sold in dollars.  

“We’re definitely having a look,” said one investor, familiar with the transaction. “It’s FTSE 250, with what looks like a good business profile.”

The borrower sold $100m ...

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