Mytilineos to issue €500m, marketing HY bond outside Greece
Industrials company Mytilineos is trekking around Europe, marketing half a billion euros of senior notes. This marks the first time the Greek conglomerate tries to tempt international high yield investors, possibly signalling growing global ambitions.
If the initial price thoughts are any indication, Mytilineos has been warmly welcomed by the European investor community. The notes are expected to price in the 2.75% area — which would be impressive for a relatively unknown issuer. The pricing is due on Friday.The notes, expected to be rated ...
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