Lowen Play sets roadshow for €350 million five-year secured notes

By Paul A. Harris

Portland, Ore., Nov. 27 – Lowen Play GmbH plans to start a roadshow on Tuesday for a €350 million offering of five-year senior secured notes (B2/B), according to a market source.

The roadshow wraps up on Friday.

JPMorgan and ING are leading the deal.

The notes come with two years of call protection.

The Bingen am Rhein, Germany-based casino operator plans to use the proceeds to repay existing notes and shareholder loans.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.