Czech Defense Firm's $1.33 Billion Junk Sale to Cut Debt Costs
The Czech company, a supplier to Ukraine in its war against Russia, set initial price talk of 7% to 7.25% on a $750 million dollar note and 5.75% to 6% on a €500 million ($580 million) euro bond. Both tranches are much larger than originally intended, suggesting that the company received strong indications of demand during investor calls this week.
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