Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers P > Headlines for Pacnet Ltd. > News item |
East Asia's Pacnet starts roadshow for $300 million five-year notes
By Paul A. Harris
St. Louis, Oct. 21 - East Asian undersea cable network operator Pacnet began a roadshow on Thursday for its $300 million offering of five-year senior secured notes (B1//BB+), according to market sources.
The deal is set to price during the week ahead.
Credit Suisse, Barclays, DBS and Standard Chartered are leading the deal.
Proceeds will be used to repay debt, as well as to fund capital expenditures and fund a dividend.
The company has headquarters in Hong Kong and Singapore.
© 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.