(Reuters) - South African retailer Edgars Consolidated Stores (Edcon) has set guidance on 1.83 billion euros of high-yield bonds to help fund its buyout by private equity firm Bain Capital, a syndicate source said on Wednesday.
The clothing and fashion retailer plans to sell 1.18 billion euros of 7-year senior secured floating rate notes yielding around 275 basis points over Euribor, the source said.
Read more at Reuters Africa
The clothing and fashion retailer plans to sell 1.18 billion euros of 7-year senior secured floating rate notes yielding around 275 basis points over Euribor, the source said.
Read more at Reuters Africa
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