Cable & Wireless sounds out bond buyers for 10-year note

Cable & Wireless sounds out bond buyers for 10-year note

Caribbean Barbados Bonds

Cable & Wireless will talk to bond investors today ahead of a potential $700m 2027 non-call five trade that will help refinance acquisition-related debt. The telecommunications unit picked Bank of America Merrill Lynch, Barclays, BNP Paribas, Goldman Sachs and Scotiabank to lead the calls and potential bond deal that could price before the end of this week. Proceeds will refinance Barbados-registered Columbus International’s outstanding bond debt, which C&W picked up after acquiring Colu

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