Affinity Group $190 million eight-year notes price talk 8¾% area

By Paul A. Harris

St. Louis, Feb. 4 - Price talk in the area of 8¾% emerged Wednesday on Affinity Group Holding Inc.'s proposed $190 million offering of eight-year senior subordinated notes (B3/B-), according to an informed source.

The deal is expected to price on Friday.

CIBC World Markets is the bookrunner on the Rule 144A deal.

Proceeds will be used to repay debt and to pay a one-time dividend to the sole shareholder.

Affinity is a Ventura, Calif., provider of products for outdoor and recreational vehicles.

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