Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Arrow Global > News item |
Arrow Global starts roadshow for €220 million seven-year floaters
By Paul A. Harris
Portland, Ore., Oct. 28 – Arrow Global plc and Arrow Global Guernsey Holdings Ltd. began a roadshow on Tuesday for a €220 million offering of seven-year senior secured floating-rate notes, according to a market source.
The roadshow wraps up on Thursday.
Goldman Sachs International is the global coordinator and bookrunner.
The notes come with three years of call protection.
Proceed from the Rule 144A and Regulation S notes, together with cash on hand, will be used to fund the acquisition of the Capquest group and to pay down Arrow Global’s revolving credit facility.
Arrow Global is a Manchester, England-based consumer debt purchaser and provider of receivables management solutions.
© 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.