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Published on 3/24/2010 in the Prospect News High Yield Daily.

ISS Holding to raise €75 million from add on to 8 7/8% notes

By Paul Deckelman

New York, March 24 - ISS Holding A/S said Thursday that it plans to raise €75 million by doing an add-on deal to its existing 8 7/8% notes due 2016.

There was no immediate indication as to the timing of the deal, which will be managed by Goldman Sachs International.

ISS, a Copenhagen, Denmark provider of business services such as cleaning and security, plans to use the proceeds for general corporate purposes.


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