Elior to start roadshow Tuesday for €300 million seven-year notes

By Paul A. Harris

Portland, Ore., April 15 - France's Elior Finance & Co. SCA plans to begin marketing its €300 million offering of seven-year senior secured notes (expected ratings B3/BB-) on Tuesday in London, according to an informed source.

The roadshow moves on to Amsterdam and Paris on Wednesday and to Frankfurt on Thursday.

Joint bookrunner JPMorgan will bill and deliver. Credit Agricole CIB, HSBC and Nomura are also joint bookrunners.

The Rule 144A and Regulation S for life notes come with three years of call protection.

The Paris-based contracted food and support services company plans to use the proceeds to repay debt.

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