Elis Group €800 million 3% high yield bond issue

Overview:

• French textile and hygiene manufacturer the Elis Group has successfully issued €800 million senior notes due 2022 at 3%. 
• The notes were offered on the Irish Stock Exchange by Elis subsidiary Novalis.
• The offering follows the IPO by the group earlier this year to the Euronext Paris. 
• BNP Paribas and Deutsche Bank acted as global coordinators and joint bookrunners, and Crédit Agricole CIB, HSBC and Société Générale were joint bookrunners. 

John Crabb - Journalist