Labco gets bond away at 8.5%
publication date: Jan 20, 2011
Lab group Labco, backed by 3i, has refinanced via a high yield bond which raised €500m plus a further revolving loan of €125m. Labco which is rated a B rated issuer, is paying 8.5% to January 2018. We’ve had a gander at the prospectus.
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