We understand that the proceeds of the new issuance will be used to repay a portion of Vallourec's existing EUR400 million bond when it matures in August 2019.
Seamless Steel Tube Maker Vallourec’s Proposed EUR300 Mil. Unsecured Bond Rated ‘B’ With ‘3’ Recovery Rating
We understand that the proceeds of the new issuance will be used to repay a portion of Vallourec's existing EUR400 million bond when it matures in August 2019.