Lazy Days' R.V. Center launches $155 million eight-year notes

By Paul A. Harris

St. Louis, April 28 - Lazy Days' R.V. Center Inc. started a roadshow Wednesday for an offering of $155 million of eight-year senior notes (B3/B-), a syndicate source said.

The deal is expected to price on May 4.

Deutsche Bank Securities has the books on the Rule 144A offering. Jefferies & Co. and Wells Fargo Capital are co-managers.

The notes will come with four years of call protection.

Proceeds will be used to fund the acquisition of the company by private equity firm Bruckmann, Rosser, Sherrill & Co.

Lazy Days is a Tampa, Fla.-based recreational vehicle company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.