New bond issue: Edcon sells EUR 325m in 2018 bonds with 9.50% coupon

Edcon (South Africa) on February 8, 2013 placed EUR 325m in bonds with a 9.50% coupon, maturing in 2018. The bond was priced at 96.5% to yield 10.415%. Goldman Sachs, Barclays, Bank of America Merrill Lynch and JP Morgan arranged the deal.

• Status
  early redeemed
• Country of risk
  South Africa
• Redemption (put/call option)
  *** (***)
• Amount
  300,000,000 EUR
• М/S&P/F
  — / — / —

• Full name
  Edcon (Proprietary) Limited
• Registration country
  South Africa
• Industry
  Trade and retail