THOM Europe brings €190 million tap of 7 3/8% notes to help finance Stroili acquisition

By Paul A. Harris

Portland, Ore., Sept. 12 – THOM Europe SAS announced in a Monday press release that it launched a €190 million add-on to its 7 3/8% senior secured notes due 2019.

The Paris-based jewelry retailer plans to use the proceeds to help finance the acquisition of Italian retail jewelry chain Stroili Oro SpA.

The original €345 million issue priced at 99.488 to yield 7½% in July 2014.

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