Published on 1/13/2010 in the Prospect News High Yield Daily.
New Issue: Ardagh Glass Finance prices €180 million 8¾% 10-year notes at 99.994
By Paul A. Harris
St. Louis, Jan. 13 - Ardagh Glass Finance plc priced a €180 million issue of 8¾% 10-year senior guaranteed notes (B3/B-/) at 99.994 on Wednesday, according to a market source.
Citigroup ran the books.
Proceeds will be used to refinance the company's 8 7/8% notes due 2013.
Ardagh Glass is a Dublin, Ireland, glass bottle manufacturer.
Issuer: | Ardagh Glass Finance plc
|
Amount: | €180 million
|
Maturity: | Jan. 2, 2020
|
Securities: | Senior guaranteed notes
|
Bookrunner: | Citigroup
|
Coupon: | 8¾%
|
Price: | 99.994
|
Trade date: | Jan. 13
|
Ratings: | Moody's: B3
|
| Standard & Poor's: B-
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.