IFCO €110 million seven-year notes talked at 10¼%-10½%, pricing Monday

By Paul A. Harris

St. Louis, Oct. 3 - Price talk of 10¼%-10½% emerged Friday on IFCO Systems NV's €110 million eurobond due 2010 (B-), according to a market source.

The deal is expected to price on Monday, the source added.

Deutsche Bank Securities is bookrunner on the Rule 144A deal.

Proceeds will be used to refinance existing debt.

The company is a Netherlands-based provider of reusable plastic containers.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.