Lindley Heard Eyeing $300m-$350m 10-Year

Lindley Heard Eyeing $300m-$350m 10-Year

Peru Bonds

Peru's Corporacion Lindley, a non-alcoholic beverages company, is telling investors that it is looking to raise $300m-$350m through a 10-year bond, says an account who met the company this week. The BB+/BBB minus borrower has already seen investors in Lima, Santiago, London and New York. It will head to Boston today and will wrap up in Los Angeles on Thursday. The new issue will bring net-debt-to-Ebitda to around 4x, but there are plans to reduce that to 2.5x by 2015, assuming 9% growth, the inv

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial