By Marisa Wong
Madison, Wis., Dec. 9 – Teleperformance announced it raised $325 million through a private placement of senior unsecured debt.
The fundraising was carried out in two tranches: $160 million with a seven-year bullet maturity and a 3.64% coupon and $165 million with a 10-year bullet maturity and a 3.98% coupon.
About a dozen investors participated in the U.S. private placement, according to a news release.
Proceeds will be used to reimburse some of the bank debt incurred in connection with the company’s acquisition of Aegis USA Inc.
Credit Agricole CIB, HSBC and JPMorgan were the advisers for the transaction.
Teleperformance is a Paris-based customer service, technical support and social media company.
| Issuer: | Teleperformance
|
| Issue: | Senior unsecured debt
|
| Amount: | $325 million
|
| Announcement date: | Dec. 9
|
| Distribution: | Private placement
|
|
|
| Seven-year tranche
|
| Amount: | $160 million
|
| Maturity: | Seven years
|
| Coupon: | 3.64%
|
|
|
| 10-year tranche
|
| Amount: | $165 million
|
| Maturity: | 10 years
|
| Coupon: | 3.98%
|
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