Gala Coral (Gala Group Finance, Gala Electric Casinos)

26 May 2011

Rating: B2/B+

Type: Fixed rate notes, senior secured

Amount: £350m

Maturity: 1 September 2018

Issue/re-offer price: par

Coupon: 8.875%

Rating: Caa2/CCC+

Type: Fixed rate notes, senior unsecured

Amount: £275m

Maturity: 1 June 2019

Issue/re-offer price: 97.468

Coupon: 11.5%

Launched: Monday 23 May

Payment date: 27 May

Joint books: Credit Suisse, Barclays, Goldman Sachs, Morgan Stanley, Deutsche Bank, HSBC

Bookrunners’ comment:

The deal was priced ...

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