LeasePlan postpones 1.55bn LBO bond

February 11, 2016 5:23 PM

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LONDON, Feb 11 (IFR) - LeasePlan has postponed the 1.55bn-equivalent holding company bond backing its leveraged buyout, according to several sources.

The transaction delay comes despite lead managers sending out official price talk on the deal on Wednesday evening. A euro five-year non-call two-year was talked at 7.50 to 8%.

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