Cerdia Finanz on roadshow for $600 million five-year secured notes

By Paul A. Harris

Portland, Ore., Jan. 24 – Cerdia Finanz GmbH, a financing unit of Baden-Württemberg, Germany-based chemical company Cerdia Holding Sarl, started a roadshow on Monday for a $600 million offering of five-year senior secured notes, according to market sources.

The roadshow wraps up on Thursday, and the Rule 144A and Regulation S for life deal is also set to price on Thursday.

Jefferies, Barclays, BofA, Credit Suisse, Deutsche Bank, Goldman Sachs, NatWest and UBS are the joint bookrunners.

The note come with two years of call protection.

The company intends to use the proceeds to refinance its capital structure.

© 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.