European diaper-maker, Ontex, is seeking to raise €805 million in a sale of bonds, Reuters reports. The private label maker of diapers and wipes will issue the notes in a private placement to institutional buyers. It will issue €570 million of notes due 2018 and €235 million of notes due 2019. The company intends to use the proceeds to repay debt incurred under an existing senior credit facility, to repay a vendor loan note obligation of a parent and to pay fees and expenses.

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