Brief: Ritchie Bros Announces Senior Notes Offering To Partially Fund IAA Merger

RB Global

28/02/2023 14:11

Feb 28 (Reuters) - Ritchie Bros Auctioneers Inc
 RBA.TO :
    * RITCHIE BROS. ANNOUNCES SENIOR NOTES OFFERING TO PARTIALLY
FUND
IAA MERGER
    * RITCHIE BROS AUCTIONEERS INC - UNIT INTENDS TO COMMENCE
OFFERING
FOR ABOUT $550 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR
SECURED NOTES DUE 2028
    * RITCHIE BROS AUCTIONEERS INC - UNIT ALSO INTENDS TO
COMMENCE
OFFERING FOR ABOUT $800 MILLION AGGREGATE PRINCIPAL AMOUNT OF
SENIOR NOTES DUE 2031

Source text for Eikon:  ID:nPnbYnggta 
Further company coverage:  RBA.TO 

 ((Reuters.Briefs@thomsonreuters.com;))