Petrol AD (Bulgaria) revises talk for €500 million five-year bonds to 8½%-8¾% from 8¾%

By Reshmi Basu

New York, Oct. 18 - Petrol AD (Bulgaria) revised price talk for a €500 million offering of five-year bonds (B3/B-/B-) to 8½% to 8¾% from the 8¾% area, according to a market source.

The roadshow was scheduled to wrap up in London on Wednesday. Pricing is expected to take place on Thursday.

ING is the bookrunner for the Regulation S transaction.

Sofia, Bulgaria-based Petro AD is a fuel distributor in Bulgaria.

© 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.