trending Market Intelligence /marketintelligence/en/news-insights/trending/ttc7akwxth70r_dtdaw-mw2 content esgSubNav
In This List

Landmark Infrastructure unit prices $125M notes offering

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Landmark Infrastructure unit prices $125M notes offering

Landmark Infrastructure Partners LP's wholly owned unit, LMRK Issuer Co III LLC, priced roughly $125.4 million of secured tenant site contract revenue notes, series 2018-1.

The debt will consist of three classes of fixed rate asset-backed notes, including about $95.5 million of 3.97% class C notes, approximately $13.2 million of 4.70% class D notes and roughly $16.7 million of 5.92% class F notes, for a weighted average coupon of 4.31%.

The partnership plans to use the net proceeds to partly repay outstanding debt under its revolving credit facility.

The offering is expected to close June 6.