APPLUS SERVICES (ES:APPS) has released an update.
Amber FinCo PLC sets a 6.625% price for its 895 million euro bond offer, aimed at refinancing Applus Services’ debt and funding its acquisition. The bonds, due in 2029, will be used in part to repay loans, refinance existing debt, contribute to a new IDIADA contract, and cover related costs. The offer targets qualified institutional buyers and is subject to customary closing conditions.
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