United Group €150 million 7.875% high yield bond issue

28/4/2015
High-yield bond/note issue

€ 150 million

$ 159.310 million

Completed

28/4/2015


Overview:

  • United Group has undertaken a €150 million high yield issue.
  • The 7.875% senior secured notes are due in September 2020 and were listed on the Irish Stock Exchange.
  • Credit Suisse, Banca IMI, BNP Paribas, Citigroup, ING, UniCredit, Raiffeisen and KKR acted as initial purchasers.
  • United Group is a pay TV provider with operations across the Balkans.

Sam Duke - Editor

Jurisdictions:

Ireland
Slovenia

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Governing law:

New York

Industry sector:

Technology and telecommunications


Firms:

Party: Credit Suisse (Initial purchaser)

Party: Banca IMI (Initial purchaser)

Party: BNP Paribas (Initial purchaser)

Party: Citigroup (Initial purchaser)

Party: ING (Initial purchaser)

Party: Unicredit (Initial purchaser)

Lawyer: Mark Hageman


Party: United Group (Issuer)

Lawyer: Nicholas Shaw


Party: Credit Suisse (Initial purchaser)

Party: Banca IMI (Initial purchaser)

Party: BNP Paribas (Initial purchaser)

Party: Citigroup (Initial purchaser)

Party: ING (Initial purchaser)

Party: Unicredit (Initial purchaser)

Party: Kohlberg Kravis Roberts & Co (KKR) (Initial purchaser)

Party: Raiffeisen Bank International (Initial purchaser)