Credit research: SIG pre-markets bond amid concrete weakness
- Alexandros Chatzigiannis
- +Laura Thompson
- + 1 more
SIG, the UK specialist building materials supplier, is ready to brave the markets sooner than previously expected.
According to 9fin sources, the company is pre-marketing a bond deal to refinance its €300m 5.25% SSNs due November 2026. It is expected to launch €300m in SSNs, pushing out its maturity to 2029.