CeramTec starts roadshow for €406 million eight-year notes for LBO

By Paul A. Harris

Portland, Ore., Nov. 27 – CeramTec started a roadshow on Monday for a €406 million offering eight-year senior notes, according to a market source.

The roadshow wraps up on Thursday.

BofA Merrill Lynch, Morgan Stanley, Deutsche Bank, Nomura and UBS are managing the sale.

The notes come with three years of call protection.

Proceeds will be used to help fund the buyout of the Plochingen, Germany-based developer and manufacturer of advanced ceramic components by BC Partners from Cinven.

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