Intertape issues first ‘CCC’ rated HY deal in USD since April
17 Jun 2022The 10.5% October 2028 deal, through issuing vehicle Iris Escrow Issuer Corp, was announced on 6th June and forms part of the USD2.6bn takeover of Intertape by private equity firm Clearlake Capital. Price talk of 13.5-14.0% yield (at a price of 83
