National Express pulls into US private placement market

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By Silas Brown
16 Sep 2019

UK coach operator National Express has entered the US private placement market, according to market sources, looking for £200m-equivalent, in dollars, euros and sterling.

NatWest Markets and ING are arranging the transaction, according to several market sources, holding roadshows in London on Monday, then in the US on Tuesday.

National Express is looking for seven to 12 year maturity ranges in euros and sterling, with a seven year dollar tranche too. The ...

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