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International Vending Services, the Italian vending machine maker, hopes to sell its first high yield bond. BNP Paribas is leading the €200m transaction to refinance debt and for general corporate purposes.
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KCA Deutag, the Scottish drilling contractor, has joined a crew of offshore drilling and oil services companies hoping to issue high yield bonds.
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UPC, the Dutch cable operator, sold €450m and Sfr350m of high yield bonds on Thursday, having increased both the tranches.
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Rexel, the French electrical equipment supplier, showed this week that Europe does not have to be more expensive than the US for high yield bond issuers.
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International Vending Services, the Italian vending machine maker, hopes to sell its first ever high yield bond. BNP Paribas is bookrunner on the €200m transaction to refinance debt and for general corporate purposes.