Vedior raises finance in US_2

Issue is oversubscribed

Vedior has placed $215m (£118m) of debt with US institutional investors. Some of the debt notes mature after seven years, with the remainder maturing after 10 years.

Vedior owns Select and other UK recruitment businesses.

Chief executive Zach Miles said: “I am pleased, that, through this private placement, we have been able to extend the maturity and diversity of Vedior’s sources of debt finance and that demand for the placement was oversubscribed.”

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