By Davide Scigliuzzo
NEW YORK, April 29 (IFR) - Investors have piled US$20bn oforders into Ardagh's US$4.5bn dual-currency high-yield bondoffering, two sources familiar with the situation told IFR onFriday.
The packaging company is raising funds in euros and USdollars from a five-part deal, which includes secured andunsecured tranches, to finance its acquisition of assets fromrivals Ball and Rexam.
Citi is sole bookrunner on the secured tranches and leftlead on the unsecured bonds, alongside Barclays, Goldman Sachsand Deutsche Bank. (Reporting by Davide Scigliuzzo; Editing by Natalie Harrison)
