R&R Ice Cream has launched a £315 million (€383.4 million; $533.3 million) high yield bond to refinance existing notes that had been raised to finance private equity firm PAI Partners' acquisition of the company last year, according to a statement released on Tuesday.
Proceeds from the senior secured notes due 2020 will be used to repay the UK ice cream and frozen desserts manufacturer’s outstanding €350 million 8.375
