EMI plans debut Eurobond despite adverse industry conditions

EMI, the UK-based music recording and publishing company, is on the road marketing a debut Eurobond that is expected to garner strong demand despite the fact that the music industry is currently in difficulty.

The roadshow for the deal, which will be lead managed by Barclays Capital, JP Morgan and Schroder Salomon Smith Barney, began on Wednesday and will continue until April 25, with launch expected soon after that.

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