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Published on 2/16/2022 in the Prospect News Private Placement Daily.

New Issue: Pardus Capital places $500 million 12% bonds due 2022 via Akhenaton

By Rebecca Melvin

Concord, N.H., Feb. 16 – Pardus Capital Holdings plc placed $500 million of bonds due Sept. 30, 2022 (ISIN: GB008BMVB6189) with Akhenaton Capital Management Ltd., according to an announcement.

The bonds bear interest at 12% and have a nominal value per unit of $1.00.

The issue date was Jan. 24.

Pardus is a financial manager based in London.

Issuer:Pardus Capital Holdings plc
Issue:Bonds
Amount:$500 million
Maturity:Sept. 30, 2022
Coupon:12%
Trade date:Jan. 24
Marketing:Private placement

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