Royal Mail Owner IDS Eyes First Bonds Since Kretinsky Buyout

International Distribution Services Ltd., which operates the UK’s Royal Mail postal service, is planning to raise two benchmark-sized euro bonds in its first debt sale since being bought by Czech billionaire Daniel Kretinsky.

The bonds with four and seven-year maturities will be issued by IDS Financing Plc following investor meetings starting Sept. 22, according to a person familiar with the matter, who asked not to be identified.