debt
confidence medium
sentiment neutral
materiality 0.25
Lineage subsidiary proposes euro-denominated senior notes offering; terms not disclosed
Lineage, Inc.
- Lineage Europe Finco B.V., an indirect subsidiary of Lineage, Inc., intends to offer euro-denominated senior notes in a private placement.
- Notes will be senior unsecured obligations of the issuer, fully and unconditionally guaranteed by Lineage, Inc. and certain subsidiaries.
- Net proceeds to be used to repay amounts drawn under its revolving credit facility and for other general corporate purposes.
- The offering is subject to market conditions; specific principal amount, interest rate, and maturity are not provided.
- Notes not registered under the Securities Act; offered only to QIBs and non-U.S. persons under Rule 144A/Reg S.
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