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France's Vallourec announces €300 million five-year notes offering
Portland, Ore., Oct. 10 – Vallourec SA announced in Monday stabilization notice that it is offering €300 million of five-year senior notes.
Morgan Stanley & Co. International plc is the stabilizing manager for the Rule 144A and Regulation S deal.
Proceeds will be used to repay borrowings on the company’s committed bank lines, which will then be available for other uses.
Vallourec is a Boulogne-Billancourt, France-based provider of industrial products and services.
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