Nos searches investors to receive 300 million euros’ financing
Nos, the Portuguese company headed by Miguel Almeida, hired five investment banks for a roadshow in which it intends to find investor to place 300 million euros in bonds.
Nos is preparing to have a debt issuance, after having received investment ratings from Standard & Poor’s and Fitch, two of the three largest world rating agencies. The company hired five investment banks for a roadshow in which it seeks to find investors to place 300 million euros in bonds maturing in five and seven years.
The telecommunications operator hired Caixabank/BPI, CaixaBI, ING, Santander and SG CIB. These investment banks are now in charge of finding investors for the issuance. Meeting with potential investors will start on April 16, according to Bloomberg.
The company’s goal is to finance itself on 300 million euros, by means of an issuance of debt securities maturing in five and seven years, according to Bloomberg.
