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Peermont goes on the road

13 April 2007

LONDON, England – As reported by Reuters: "South African casino and hotel operator Peermont Global on Thursday kicked off roadshows for a two-part high-yield bond issue that will help finance its leveraged buyout, a banker familiar with the sale said.

"The sale comprises a euro-denominated 7-year senior secured note that will total the equivalent of 4.979 billion South African rand, or around 515 million euros, and an 887 million rand-denominated 8-year senior payment-in-kind note, the banker said.

"…The roadshow runs in Europe on April 12-13 and moves to London on April 16-17, the banker said…"

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Peermont goes on the road is republished from Online.CasinoCity.com.