A source notes that OlamÆs management is keen to ensure that the bonds trade well in the secondary market so that it will be able to exercise the $100 million upsize option. JPMorgan and Macquarie were the joint arrangers for the CB, which after the pricing late last night was quoted just over par at 100.75. The deal attracted more than 75 investors, including some existing shareholders of the company who picked up...
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