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2 个月内
BRIEF-Kar Auction Services announces pricing and upsizing of debt financing
2017年5月22日 / 晚上10点46分 / 2 个月内

BRIEF-Kar Auction Services announces pricing and upsizing of debt financing

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May 22 (Reuters) - Kar Auction Services Inc

* Kar Auction Services announces pricing and upsizing of debt financing

* Has priced its previously announced offering of 5.125 pct senior notes due 2025

* Size of offering has been increased from $800 million to $950 million.

* Intends to use net proceeds from notes offering to repay portion of existing term loans outstanding under senior secured credit facilities

* Expects to increase revolving commitments under senior secured credit facilities from $300 million to $350 million

* Notes are expected to be issued at an issue price of 100 pct Source text for Eikon: Further company coverage:

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