Lindorff closes bond in three currencies
Lindorff, the credit management firm, priced €1.452bn-equivalent of notes on August 1 to finance its buyout by Nordic Capital.
The debt was issued in Norwegian and Swedish crowns and euros.
Lindorff raised the money through Lock, a holding company. The deal consisted of five tranches — two that paid a fixed rate and three floating.The fixed rate tranches were €550m of senior secured seven year non-call ...