E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/1/2020 in the Prospect News High Yield Daily.

Algeco Global Finance marketing €150 million 6½% secured mirror notes due March 2023

By Paul A. Harris

Portland, Ore., July 1 – Algeco Global Finance plc pitched a €150 million offering of notes mirroring its 6½% senior secured notes due March 15, 2023 (expected ratings B2/B-/B+) on a Wednesday conference call with investors, according to a market source.

Goldman Sachs, BofA Securities and Deutsche Bank are the joint bookrunners for the Rule 144A and Regulation S offering.

Proceeds will be used for general corporate purposes, including certain strategic investments and add-on acquisitions.

London-based Algeco Scotsman provides modular space, secure portable storage solutions and remote workforce accommodation management.


© 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.