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Published on 9/2/2015 in the Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Terreno Realty places notes totaling $100 million; Amer Sports issues €100 million bond

By Lisa Kerner

Charlotte, N.C., Sept. 2 – Terreno Realty Corp. privately placed $100 million of senior notes.

The company issued $50 million of seven-year 4.23% senior notes on Sept. 1, and it expects to issue $50 million of 12-year 4.65% senior notes on or around Oct. 13, according to a news release.

Proceeds will be used to fund future acquisitions, to pay down existing loans and for other corporate purposes.

KeyBanc Capital Markets and Mitsubishi UFJ Securities (USA), Inc. acted as joint lead placement agents for the offering.

San Francisco-based Terreno is an acquirer, owner and operator of industrial real estate.

Amer Sports Corp. announced it privately placed a €100 million fixed-rate seven-year bond as part of customary debt repayment.

Pohjola Markets acted as the bookrunner for the transaction.

Amer Sports is a Helsinki-based sporting goods company.


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