Home > News > Company News > Ireland's Ardagh Glass to sell 300 mln euros of bonds – FT

Ireland's Ardagh Glass to sell 300 mln euros of bonds – FT

Post Time:Jun 15,2009Classify:Company NewsView:289

Ireland's Ardagh Glass to sell 300 mln euros of bonds – FT

 

LONDON, June 15 (Reuters) - Irish bottle-making company Ardagh Glass [ARDGR.UL] will try to sell 300 million euros ($422 million) in new bonds this week to repay bank debt, the Financial Times reported on Monday, without citing a source.

 

Ardagh is rated B+ by Standard & Poor's, and the FT said that in an unusual step, Ardagh would secure the bonds against some of its assets.

 

No one at Ardagh was immediately available for comment. (Reporting by David Milliken; Editing Bernard Orr) ($1=.7108 Euro)

Source: http://www.reuters.com/Author: shangyi

Related News

Hot News

返回顶部