Related Issuers
by Stephen Carter
Jun 10, 2021 10:17 AM ET
PHM Group Holding Oy EUR300m 144A/Reg S sr sec notes due 2026 (5y). NC2.5 (50%,25%,10%,par). B2/B (stable/stable). Via Nordea (B&D)/Pareto jt books. List Helsinki and Frankfurt.
Price talk: 5.00%-5.25%.
Did investor call at 11am UKT 06/08, Virtual meetings 06/08-10. Books close at noon UKT tomorrow. Pricing tomorrow UK afternoon. UOP: refinance debt, GCP, capex, acquisitions, and a one-time EUR70m shareholder distribution. Equity sponsor: Norvestor. Biz: a leading residential property maintenance company made up of strong local companies focused on the Nordic residential market. HQ: Porvoo, Finland.