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Published on 5/4/2010 in the Prospect News High Yield Daily.

England's International Power to start roadshow Wednesday for €250 million seven-year bullets

By Paul A. Harris

St. Louis, May 4 - England's International Power Finance will begin a roadshow on Wednesday for its €250 million offering of seven-year senior unsecured notes (Ba3/BB-), according to an informed source.

Citigroup and RBS Securities are the joint bookrunners for the Rule 144A and Regulation S offering.

The notes will be non-callable.

Proceeds will be used for general corporate purposes.

The prospective issuer is a financing unit of London-based global power plant developer and operator International Power plc.


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