Ocado Group PLC (OCDO.L)
* Ocado Group - has priced an offering of 250 million stg senior secured notes due 2024 at a coupon of 4 pct and an issue price of 100 pct
(The following statement was released by the rating agency) LONDON, June 12 (Fitch) Fitch Ratings has assigned a Long-Term Issuer Default Rating (IDR) of 'BB-' to Ocado Group plc (Ocado). The Outlook is Stable. We have also assigned an expected rating of 'BB(EXP)' to its planned seven-year GBP200 million senior secured guaranteed bond.. The assignment of the final ratings is subject to receipt of final bank loan and bond documentation being substantially on the terms as presented to Fitch. Ocado
LONDON, June 12 (IFR) - Ocado Group is planning to sell a debut bond to fund its UK retail capacity and improvements to its proprietary platform.
* Launches an offering of senior secured notes that would be issued with customary high yield terms
* Ocado Group Plc - announcement of first international customer for Ocado Smart Platform
Feb 14 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.