Intralot postpones high yield bond debut

By Stefanie Linhardt
25 Jun 2013

Intralot, the Greek provider of gaming and transaction processing systems, has postponed its high yield bond debut. The Athens-listed company wanted to raise €300m in unsecured notes but on Friday decided to delay the issue, due to further deterioration in the market.

"The market got pretty volatile on Friday so it was in the interest of everybody to take a step back," said a banker at one of the bookrunners. "It's a well-liked deal and the issuer resonated pretty well with investors and had good support from a high quality ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial