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Published on 9/3/2013 in the Prospect News High Yield Daily.

New Issue: Netherlands-based Head NV prices €45 million 5¼% five-year notes

By Paul A. Harris

Portland, Ore., Sept. 3 - HTM Sport GmbH, a subsidiary of Amsterdam-based Head NV announced in a Tuesday press release that it has sold €45 million of 5¼% fixed-rate bonds.

The reoffer price was 101, the release stated. It added that the securities were sold in Switzerland.

Credit Suisse ran the books.

The sports equipment and apparel company plans to use the proceeds for general corporate purposes.

Issuer:HTM Sport GmbH (Head NV)
Amount:€45 million
Maturity:Sept. 26, 2018
Securities:Fixed-rate bonds
Bookrunner:Credit Suisse
Coupon:5¼%
Price:101
Settlement date:Sept. 26

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