Victoria plc — LME Breakdown
- Denitsa Stoyanova, CFA
- +Freddie Doust
Our LME breakdowns are the fastest way to delve into a credit's liability management options. Fill out the form below to access your copy of Victoria PLC's LME breakdown.
9fin’s hot take
Victoria PLC has been sounding out interest from new investors on a potential financing deal which might involve putting some assets out of reach of existing creditors. It is seeking to raise c. £185m of new money through a drop-down deal, in which it would move certain UK flooring assets to an unrestricted subsidiary or designate such restricted subsidiaries as unrestricted for the purpose of raising incremental debt.