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Closing of Radisson

Anna Pakulniewicz 06 July 2018

Anna Pakulniewicz

Journalist

+48 22 356 25 07
anna@eurobuildcee.com

Ania covers the Baltic states’ real estate markets, architecture and urban planning in Warsaw as well as interior design. She is also the co-founder of Eurobuild TV. Among others, she has been employed by TVN CNBC, PAP Insider, WBJ (The Observer), Poland Monthly and IMM. She graduated from the Warsaw School of Economics, majoring in international relations. She has also completed postgraduate studies in macroeconomic analysis. In addition to this, she studied Lithuanian philology

WORLD Radisson Hospitality announced its closing of EUR 250 mln notes offering.
Radisson Hospitality AB announced that its wholly-owned direct subsidiary, Radisson Hotel Holdings AB, has successfully issued EUR 250 mln 6.875 pct. senior secured notes due 2023.

The notes are expected to be listed on the Official List of the Luxembourg Stock Exchange (for trading on Euro MTF market). Radisson Hospitality intends to use the proceeds from the issuance of the notes to repay outstanding borrowings under existing credit facilities and for general corporate purposes, including to fund its five-year operating plan, to carry out further investments and to create a liquidity buffer.


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