Elizabeth Arden roadshow begins Monday for $225 million 10-year notes

By Paul A. Harris

Portland, Ore., Jan. 7 - Elizabeth Arden Inc. will begin a roadshow on Monday for its $225 million offering of 10-year senior notes (B1/B/), according to a market source.

Pricing is set for Thursday.

J.P. Morgan Securities LLC, Bank of America Merrill Lynch and Wells Fargo Securities are the joint bookrunners for the Rule 144A offering. HSBC is the co-manager.

The notes come with five years of call protection.

Proceeds will be used to fund the tender offer covering any and all of its $220 million of 7¾% senior subordinated notes due 2014.

The Miramar, Fla.-based beauty products company also has global headquarters in New York and Geneva.

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