Geo Travel to start roadshow Tuesday for €175 million eight-year notes

By Paul A. Harris

Portland, Ore., April 11 - Geo Travel Finance SCA plans to start a roadshow on Tuesday for a €175 million offering of eight-year senior notes (expected ratings Caa1/B-), according to a market source.

Goldman Sachs International and Credit Suisse are the joint bookrunners for the Rule 144A and Regulation S for life offering.

SG CIB and UBS are the co-managers.

The notes come with four years of call protection.

Proceeds will be used to help fund the acquisition of Opodo by Permira Advisers LLP and AXA SA from Amadeus IT and to refinance the eDreams and Go Voyages credit facilities.

The prospective issuer is a pan-European travel agency with headquarters in London.

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