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

RB Global (Ontario)

02/03/2023 24:31

March 1 (Reuters) - Ritchie Bros Auctioneers Inc
 RBA.TO :
    * RITCHIE BROS. ANNOUNCES PRICING OF SENIOR NOTES OFFERING
TO
PARTIALLY FUND IAA MERGER
    * PRICED ITS  OFFERING OF $550 MILLION AGGREGATE PRINCIPAL
AMOUNT
OF 6.750% SENIOR SECURED NOTES DUE MARCH 15, 2028
    * PRICED OFFERING OF $800 MILLION AGGREGATE PRINCIPAL AMOUNT
OF
7.750% SENIOR NOTES DUE MARCH 15, 2031

Source text for Eikon:  ID:nCNW6vwd4a 
Further company coverage:  RBA.TO 

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