Cirsa €500 million 5.88% high yield bond issue

1/5/2015

High-yield bond/note issue

Value:

€ 500 million

Dollar value:

$ 550 million

Status:

Completed

Date:

1/5/2015

Overview:

Cirsa, a Spanish gaming company, has issued a €500 million in high yield senior secured notes.
The 5.88% notes are due in 2023.
The funds will be used to refinance an existing bond issue.
Deutsche Bank acted as initial purchaser.

Wai Yee Tsang - Journalist

Jurisdiction:

Spain

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Gaming

Firm:

Clifford Chance

Party: Deutsche Bank AG Na ON (Initial purchaser)

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