ROC Finance and ROC Finance 1 have raised $380 million through a sale of notes in the 144a private placement market, Reuters reports. The notes, carrying a coupon rate of 12.125%, will mature on Sept. 1, 2018 The senior secured second lien notes will yield 12.50% and are non-callable for three years. Credit Suisse, Deutsche Bank and Citadel Securities were the combined book runners for the sale.
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