Aramark Prices $600M PIK Deal at Discount

Sheahan, Matthew
April 2011
High Yield Report;4/11/2011, Vol. 22 Issue 15, p27
The article discusses the 600-million U.S.-dollar worth of PIK toggle notes sold by Aramark, which priced the 8.625% PIK toggle notes due 2016 with an original issue discount of 99.0 to yield 8.874%, and plans to use the proceeds for a dividend payment to its private equity owners.


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