IN BRIEF: Coats Group issues USD250 million private US placement notes
Coats Group PLC - Uxbridge, England-based industrial thread maker - Successfully completes "competitively priced" issue of USD250 million in US private placement notes. Says the issue was on "investment grade terms" and heavily oversubscribed. The issue refinances the USD240 million facility that funded the Texon acquisition last June. The notes mature in 2028 and 2030, which is beyond the existing note tranches.
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