RCS&RDS said it decided to offer an additional EUR 125 million of its 5.0 percent senior secured notes due 2023. These notes will be consolidated and treated as a single class with the existing EUR 350 million 5.0 percent senior secured notes due 2023 issued by the company in October 2016 and supplemented in June 2017 and June 2018, according Telecompaper. The notes are listed on the Irish Stock Exchange.
The additional notes will be offered solely to qualified institutional buyers. Citigroup Global Markets will act as the global coordinator and bookrunner in relation to the offering. RCS&RDS also said it revised upwards its results for ninth-month periods of 2017 and 2018.