Lindorff closes bond in three currencies

Credit cards 230x150
By Olivier Holmey
07 Aug 2014

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 ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options