Payday lender DFC Global and housing group Grainger are also preparing sterling high yield deals.
Brakes' transaction will be senior secured and have a first call option after two years. It is expected to be rated B3/B-.
Barclays is billing and delivering and HSBC also bookrunning.A roadshow started ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com