StockMarketWire.com - Travel location convenience store owner SSP Group said it had signed $199.5m and €58.5m of US private placement notes.

The notes would carry a fixed rate of interest and be issued in two stages in July 2019 and December 2019.

The notes would be issued in four stages with a coupon of 4.06%, 4.25%, 4.35% and 2.11%.

They represented the SSP's second issue in the US debt private placement market.

Proceeds would largely be used to repay existing debt, with any remainder being used for general corporate purposes.


At 8:12am: [LON:SSPG] SSP Group Plc share price was +0.15p at 706.15p



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