Monier's HY bond, loan refi pave way for IPO

Monier for GC web
By Stefanie Linhardt
03 Apr 2014

More details about Monier’s €415m high yield bond offering have emerged. The French maker of roofing materials will meet investors until Wednesday, April 9, to market the bond, which, together with €250m of loans, will replace its previous capital structure before a potential initial public offering.

Monier wants to sell the 6.5 year senior secured bond issue as a minimum €200m fixed rate tranche plus a floating rate portion.

Goldman Sachs (billing and delivering) and Deutsche Bank are global coordinators, with BNP Paribas and JP Morgan acting as bookrunners. They will roadshow the deal in ...

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