By Rebecca Melvin
Concord, N.H., Feb. 22 –Bank of Industry Ltd. priced an additional €50 million 7½% senior participation notes due 2027, according to a notice.
The notes will be consolidated to form a single series with the €700 million 7½% senior participation notes due 2027 (B2//B) issued on Feb. 16.
BOI Finance BV is issuer of the notes.
The add-on will be issued on Feb. 25.
The state-owned lender is based in Nigeria.
| Issuer: | BOI Finance BV
|
| Guarantor: | Bank of Industry Ltd.
|
| Issue: | Senior participation notes, add-on
|
| Amount: | €50 million
|
| Maturity: | 2027
|
| Coupon: | 7½%
|
| Issue date: | Feb. 25
|
| Ratings: | Moody’s: B2
|
| Fitch: B
|
| Total deal size: | €750 million, including €700 million issued Feb. 16
|
© 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.
