3rd Aug 2021 16:26
Ashtead Group PLC - London-based global equipment rental company - Subsidiary Ashtead Capital Inc will conduct a private offering of two series of benchmark-sized, senior notes.
The exact terms and timing of the offer, including the final aggregate principal amount will depend on market conditions and other factors.
Ashtead will use the proceeds alongside funds from existing facilities to fund the redemption of its outstanding 4.125% senior notes due 2025 and 5.250% senior notes due 2026.
Current stock price: 5,330.00 pence
Year-to-date change: up 55%
By Dayo Laniyan; [email protected]
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