Consumer debt purchaser Lowell Group seeks HY debut
Lowell Group, a UK-based purchaser of consumer debt portfolios, plans to sell a £200m high yield bond through JP Morgan and Lloyds, in its debut bond issue.
The bookrunners have organised investor meetings in London on Tuesday and Wednesday and Paris and Edinburgh on Thursday, with time for investor calls on Friday morning.The seven year non-call three senior secured notes with prospective B1/BB ratings are being marketed with a 10% yield and will be issued ...
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