PPF makes swift follow-on from debut

Telecoms tower mast Fotolia 230x150
By Ross Lancaster
05 Nov 2019

Central European telecommunications provider PPF Arena 1 has come to market for its second bond issue, after debuting earlier this year.

The Ba1/BB+/BBB- rated issuer roadshowed for a five to eight year bond last week.

Global coordinators BNP Paribas, HSBC, Société Générale and UniCredit announced a long five year deal on Tuesday morning. Expected size for the trade was €500m and initial price thoughts were ...

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