By Rebecca Melvin
New York, Feb. 12 – Operadora de Servicios Mega SA de CV priced $350 million of new 8¼% notes due 2025, according to market sources.
Barclays, Goldman Sachs and JPMorgan were joint bookrunners of the Rule 144A and Regulation S notes.
The proceeds will be used mainly to prepay $142 million in secured credit facilities and a bridge loan with remaining proceeds earmarked for business growth.
Operadora de Servicios Mega is a Guadalajara, Mexico-based specialty finance company.
| Issuer: | Operadora de Servicios Mega SA de CV
|
| Issue: | Senior notes
|
| Amount: | $350 million
|
| Maturity: | 2025
|
| Bookrunner: | Barclays, Goldman Sachs and JPMorgan
|
| Coupon: | 8¼%
|
| Announcement date: | Feb. 12
|
| 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.
