By Christine Van Dusen
Atlanta, Jan. 26 – Philippines-based International Container Terminal Services Inc. – through subsidiary ICTSI Treasury BV – priced a $117,498,000 add-on to its 5 7/8% notes due in 2025 at 102.625, according to a company announcement.
HSBC and Citigroup were the bookrunners for the deal.
The new notes form a single series with the $282,502,000 notes due 2025 that priced on Sept. 17 and April 30 of 2014.
International Container is a Manila-based port operator.
| Issuer: | ICTSI Treasury BV
|
| Amount: | $117,498,000
|
| Maturity: | 2025
|
| Description: | Senior notes
|
| Bookrunners: | HSBC, Citigroup
|
| Coupon: | 5 7/8%
|
| Price: | 102.625
|
| Trade date: | Jan. 26
|
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