Pent up sterling demand revs up RAC’s securitization refi

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Corporate Bonds

Pent up sterling demand revs up RAC’s securitization refi

Ross Lancaster
April 27, 2016 04:30 PM
RAC 230x150
The RAC rescue service attends a breakdown on the M5 Motorway near Bridgend, Wales. | Ben Birchall/PA Archive/Press Association Images

UK roadside car services company RAC brought £900m of senior secured notes to market as it sought to refinance a chunk of its £1.25bn of outstanding leveraged loans.

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Topics

Deutsche BankNatWest MarketsBNP ParibasSecuritizationBarclaysCorporate BondsStructured BondsHigh grade and crossover bonds
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Ross Lancaster
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