EnergySolutions starts roadshow for $300 million eight-year notes

By Paul A. Harris

St. Louis, July 28 - EnergySolutions, Inc. and EnergySolutions, LLC began a roadshow on Wednesday for their $300 million offering of eight-year senior unsecured notes (B3/BB-), according to an informed source.

The roadshow wraps up on Aug. 4. The deal is expected to price on Aug. 5.

J.P. Morgan Securities Inc., Credit Suisse and Citigroup Global Markets Inc. are the joint bookrunners for the Rule 144A and Regulation S with registration rights offering.

The notes come with four years of call protection.

Proceeds will be used to refinance existing secured debt.

EnergySolutions is a Verona, Wis.-based low-level radioactive waste services business.

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