May 11 (Bloomberg) — Travis Perkins Plc , the U.K. building materials supplier that owns the Wickes home-improvement chain, is seeking to raise 300 million pounds ($450 million) in a rights offering to pay down debt.
Japan’s 10-Year Bond Yields Near 5-Month High Before Debt Sale (Bloomberg)
May 11 (Bloomberg) — Japan’s government bonds were little changed, with yields near a five-month high, before the Ministry of Finance sells 10-year debt tomorrow.
Pacific Brands to Raise A$256 Million to Reduce Debt (Update1) (Bloomberg)
May 11 (Bloomberg) — Pacific Brands Ltd ., Australia’s largest maker of underwear, plans to sell A$256 million ($196 million) of new stock to repay debt as it continues talks on asset sales.
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