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EM-focused PPF Arena taps banks for debut offering of euro notes
By Rebecca Melvin
New York, March 14 – Central & Eastern Europe-focused PPF Arena 1 BV has mandated banks to market an offering of euro-denominated notes of four- to six-years duration, according to market sources.
HSBC and Societe Generale CIB were selected as global coordinators and bookrunners, with Bank of China, BNP Paribas, Citigroup, Commerzbank, Credit Agricole, Erste Group, ING, PPF Bank and UniCredit also acting as bookrunners.
The Regulation S euro notes will mark the company’s debut in the international bond market.
The Netherlands-based PPF Arena is the parent company of telecommunications infrastructure operators O2 Czech Republic, CETIN and Telenor CEE.
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