Central European Distribution Corp. (CEDC), through its indirect subsidiary, CEDC Finance Corp. Intl. Inc., announced the pricing of its offering of $380 million aggregate principal amount of senior secured notes due 2016 and EUR 380 million aggregate principal amount of senior secured notes due 2016. The company expects the offering to close on December 2.
The U.S. Dollar Notes will be sold to investors at a price of 99.366% of the principal amount thereof and will bear interest at a rate equal to 9.125% per annum. The Euro Notes will be sold to investors at a price of 99.361% of the principal amount thereof and will bear interest at a rate equal to 8.875% per annum.
For comments and feedback: editorial@rttnews.com