PLS Group Completes $600 Million Offering of Senior Notes Due 2031

MT Newswires Live04-23 09:56

PLS Group (ASX:PLS) completed a $600 million offering of 6.875% senior notes due 2031, according to a Thursday filing with the Australian bourse.

The company has used part of the net proceeds to refinance the AU$375 million drawn balance of its revolving credit facility, and plans to use the remaining proceeds for general corporate purposes.

PLS Group's shares shed about 1% in recent Thursday trade.

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