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Prospect News home > News index > List of issuers I > Headlines for Inmarsat Group Ltd. > News item |
Inmarsat to start roadshow Thursday in Europe for $375 million eight-year notes
By Paul A. Harris
St. Louis, Jan. 14 - Inmarsat Group Ltd. will hold a roadshow Thursday and Friday in Europe for an offering of $375 million of senior notes due 2012 (B2/B), according to market sources.
A U.S. roadshow will follow beginning Tuesday with pricing expected on Jan. 30.
Credit Suisse First Boston, Barclays Capital and RBS Capital Markets are joint bookrunners on the Rule 144A offering.
The notes will come with five years of call protection.
Proceeds will be used to help fund the acquisition of Inmarsat by Apax and Permira for $1.538 billion.
Inmarsat is a London-based global satellite communications services company.
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