Esselte Group starts roadshow for €130 million seven-year notes

By Paul A. Harris

St. Louis, Feb. 17 - Esselte Group Holdings AB plans to hold a roadshow Thursday and Friday for a proposed €130 million offering of seven-year senior notes, a market source said.

The deal is expected to price Monday or Tuesday.

Credit Suisse First Boston is the bookrunner on the Rule 144A/Regulation S offering, which will have no registration rights. UBS Investment Bank is joint lead manager.

The notes will come with three years of call protection and will be guaranteed on a senior subordinated basis by the operating company.

Proceeds will be used to repay mezzanine debt and bank debt.

Esselte Group is a Stamford, Conn.-based office supply company.

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