Flint Group's €1.5bn loan hotter in euros than in dollars

Boxes Industrial
By Ross Lancaster
08 May 2014

Flint Group, which makes products for the printing and packaging industries, has made final adjustments to the original issue discounts for its €1.5bn-equivalent of debt after raising the margins on first and second lien tranches.

The €1.2bn seven year first lien loan's euro tranche has come in at the top end of OID guidance, at 99.5, while the dollar tranche was priced at the bottom end of guidance at 99.

Meanwhile, the €300m eight year second lien facility’s dollar tranche was priced within ...

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