DomusVi plans €322 million tap of HomeVi 6 7/8% notes due 2021

By Paul A. Harris

Portland, Ore., Oct. 24 – HomeVi SAS, the holding company for France-based DomusVI, announced in a Monday press release that it intends to make a €322 million tap of its 6 7/8% senior secured notes due 2021 via Rule 144A and Regulation S.

The company, which provides services to elderly people in France and in Spain, plans to use the proceeds as part of the financing for the contemplated acquisition of the SARquavitae group, an elderly care services provider in Spain.

The acquisition is expected to close in the first quarter of 2017.

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