Wienerberger to issue HY retail bond next week

16 Jun 2011

Austrian brickmaker Wienerberger announced a senior unsecured retail bond offering with a minimum size of Eu100m on Thursday.

Rated Ba1/BB, the company is the world’s largest maker of bricks and number one in Europe for clay tiles. It wants to use the proceeds of the seven year notes to refinance debt and for general corporate purposes.

Wienerberger has two bonds outstanding, which mature in 2012 (about ...

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