Chicago, Jan. 3 – 4finance SA sold €175 million 10¾% five-year bonds (B), according to a company release.
The bonds are guaranteed by 4finance Holding SA.
ABG Sundal Collier and Stifel Nicolaus Europe Ltd. were the joint global coordinators and bookrunners.
BCP Securities LLC was the lead manager.
Proceeds were used to repay the company’s outstanding $200 million bonds that were issued in 2017 and due in 2022 (ISIN: XS1597295838).
All of 4finance’s bonds outstanding are now euro denominated.
4finance is a provider of short-term loans and is based in Riga, Latvia.
| Issuer: | 4finance SA
|
| Guarantor: | 4finance Holding SA
|
| Amount: | €175 million
|
| Issue: | Bonds
|
| Maturity: | October 2026
|
| Bookrunners: | ABG Sundal Collier and Stifel Nicolaus Europe Ltd.
|
| Lead manager: | BCP Securities LLC
|
| Counsel to issuer: | Baker McKenzie LLP
|
| Counsel to bookrunners: | White & Case LLP
|
| Coupon: | 10¾%
|
| Trade date: | Oct. 20
|
| Rating: | S&P: B
|
| Marketing: | Investor meeting
|
|
|
© 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.
