Related Issuers
by Stephen Carter
Jun 01, 2021 5:53 AM ET
Deuce Finco plc (David Lloyd Leisure) GBP/EUR 144A/Reg S sr sec notes 2-part. Expect B3/NR/B+ (stable/stable). Via Barc sole. NY law.
- GBP645m sr sec fixed rate notes due 2027 (6y). NC2. IPT: 5.75%-6.00%.
- EUR300m sr sec FRN due 2027 (6y). NC1. IPT: E+500bp (0% floor) at 99.50.
Investor call at 3:30pm UKT today, 1x1 meetings Weds-Thurs. UOP: repay debt, GCP, including capex, strategic acquisitions. Equity sponsor: TDR Capital. Biz: leading pan-European lifestyle club operator. HQ: Hatfield, UK.