LeasePlan sets price talk on 1.55bn-equivalent LBO bond

March 10, 2016 2:52 PM

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LONDON, March 10 (IFR) - LeasePlan has set price talk on its 1.55bn-equivalent LBO bond, according to a lead, and brought forward pricing to Thursday.

Price talk on an up to 1.25bn five-year non-call two-year tranche is at 7% yield area while talk on a minimum US$400m five-year non-call two-year tranche is at 7.50% yield area.

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