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New Issue: ABP Acquisitions UK issues $235 million of fixed-rate notes
By Lisa Kerner
Charlotte, N.C., Feb. 21 - ABPA Holdings Ltd. subsidiary ABP Acquisitions UK Ltd. completed its previously announced private placement of $80 million of fixed-rate senior secured notes due 2023 and $155 million of fixed-rate senior secured notes due 2024 in February.
Proceeds will be used to repay an equivalent amount of ABP Acquisitions UK's existing bank facilities, according to an ABP Finance plc news release.
ABP Finance is also a subsidiary of ABPA Holdings, a London-based port operator.
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