FirstGroup $275 million 4.17% and 4.29% notes issues

14/4/2018

Investment grade bond/note issue

Value:

$ 275 million

Status:

Announced

Date:

14/4/2018

Overview:

FirstGroup has issued $275 million in senior notes.
The issue consisted of $100 million 4.17% notes due March 27 2025 and $175 million 4.29% notes due March 27 2028.
Proceeds will be used for the repurchase of existing £300 million 8.125% bonds issued by the firm.

Katrin Kostadinova - Data analyst

Jurisdiction:

United Kingdom

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

England and Wales

Industry sector:

Transport

Firm:

Slaughter and May

Party: FirstGroup (Issuer)

Lawyer: Ed Fife

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