Stork Technical Services gives 11.5% yield guidance

Stork Technical Services has announced price guidance for its €315m high yield bond, which it hopes to sell by tomorrow.

  • 17 Jul 2012

The Dutch company, which provides technical services for heavy industry, hopes to sell the senior secured seven year non-call three bond issue at around an 11.5% yield, with an original issue discount of two to three percentage points. Unofficial price whispers had been in the 11% area.

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