England's Manchester United begins marketing expected £500 million equivalent seven-year notes

By Paul A. Harris

St. Louis, Jan. 11 - MU Finance plc, a financing unit of England's professional soccer franchise Manchester United, will conduct roadshows in Asia and Europe this week for an expected £500 million equivalent offering of seven-year senior secured notes, according to an informed source.

The roadshow moves to the United States during the Jan. 18 week.

JPMorgan, Bank of America Merrill Lynch, Deutsche Bank Securities, Goldman Sachs & Co. and RBS Securities are joint bookrunners. KKR is the co-manager.

Proceeds will be used to refinance first- and second-lien debt.

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