(Reuters) - South Africa's Consol Glass has cut the yield on offer on the 4 billion rand equivalent euro-denominated bond it is selling to finance its buyout by Brait Private Equity due to strong demand, a banking source said on Monday.
The seven-year senior secured notes are now set to yield 7.625 to 7.75 percent, less than earlier guidance of 7.75 to 8 percent, the source said.
Read more at Reuters Africa
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment