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 12/16/2020 in the Prospect News High Yield Daily.

New Issue: House of HR prices €200 million six-year subordinated notes at par

By Rebecca Melvin

New York, Dec. 16 – House of HR NV priced €200 million of six-year senior subordinated notes (Caa1/CCC+) at par, according to a notice.

The notes are non-callable for two years.

J.P. Morgan Securities plc and KKR Capital Markets are the managers for the Rule 144A and Regulation S deal, which will be listed on the official list of the International Stock Exchange.

The human resources company is based in Roeselare, Belgium.

Issuer:House of HR NV
Issue:Senior subordinated notes
Amount:€200 million
Maturity:Six years
Bookrunners:J.P. Morgan Securities plc and KKR Capital Markets
Price:Par
Calls:Non-callable for two years
Announcement date:Dec. 16
Ratings:Moody’s: Caa1
S&P: CCC+
Distribution:Rule 144A and Regulation S

© 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.