August 1, 2022 |
US investment firm Stonepeak Infrastructure has set the initial price talk on the sale of seven-year bonds at 7.6% with a re-offer price of 86, according to Refinitiv.
Stonepeak began calling investors last month to pitch the sale of $500 million in new 2029 bonds to fund the acquisition of the Latin American business of fiber optic network operator Lumen Technologies. It hired JPMorgan, Citi, Goldman Sachs, Bank of America, Natixis, Deutsche Bank and Scotiabank to arrange the sale and had expec
US investment firm sets IPTs at 7.5% for $500 mln in new seven-year notes