The company, rated Ba1/BB/BB+, will price the bond to yield 6.375%, about 335bp over swaps. Whispers were 6.5%-6.75% and guidance at the tight end of that range.
Banca IMI, Barclays Capital, BNP Paribas, Crédit Agricole and UniCredit led the transaction, which has investment grade, rather than high yield, documentation.But ...
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