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Prospect News home > News index > List of issuers M > Headlines for Moto Hospitality > News item
Published on 3/13/2017 in the Prospect News High Yield Daily.

Moto Hospitality to price £150 million 5.5-year notes on Tuesday

By Paul A. Harris

Portland, Ore., March 13 – Moto Hospitality plans to price a £150 million offering of 5.5-year senior secured notes on Tuesday, according to a market source.

Deutsche Bank is leading the deal.

The notes come with two years of call protection.

The operator of motorway service stations, which is headquartered in Toddington, Bedfordshire, United Kingdom, plans to use the proceeds to refinance debt.


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