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Published on 3/22/2023 in the Prospect News High Yield Daily.

Iliad sets March 29 investor meetings via coordinator BNP Paribas

By Paul A. Harris

Portland, Ore., March 22 – Iliad Group has arranged meetings with fixed income investors on March 29, according to a market source.

A group lunch is scheduled on March 29 at 8:45 a.m. ET.

BNP Paribas is the coordinator.

The Paris-based telecom operates in France, Italy and Poland.

On Feb. 8, Iliad priced a €500 million issue of 5 5/8% seven-year senior notes (Ba2/BB/BB) at 99.296 to yield 5¾%, the proceeds from which were designated to refinance bank debt that it entered into in July 2022, and for general corporate purposes.


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