News in brief, High yield bonds – May 16, 2014

Fashion 230x150
By Olivier Holmey
15 May 2014

Matalan to refi with £492m HY – Finland’s Paroc wins €2bn book

UK’s Matalan brings £492m HY to refinance older bonds

Matalan Finance, the parent of UK clothing retailer Matalan, announced on Tuesday its intention to launch £492m of senior secured notes.

The deal consists of £342m of five year non-call two first lien notes and £150m of six non-call ...

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