Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Adler Pelzer Group > News item |
Adler Pelzer markets €75 million senior secured mirror notes due 2024
Chicago, May 11 – Adler Pelzer Group is in the market with a €75 million add-on of senior secured mirror notes due April 1, 2024 (B3/B-), according to a market source.
The notes will be able to be optionally redeemed at 101.031 before April 1, 2022 and then can be redeemed at par after that date.
The Rule 144A and Regulation S deal was coming through JPMorgan (billing and delivery) with BNP Paribas listed as a joint bookrunner.
Proceeds will be used for general corporate purposes.
The issuer is a Bad Durrenberg, Germany-based producer of acoustic and thermal components and systems for the automotive sector.
© 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.