Euramax $200 million eight-year notes talked at 8¼%-8½%, pricing Wednesday

By Paul A. Harris

St. Louis, July 29 - Price talk of 8¼%-8½% was heard Tuesday on Euramax International, Inc.'s upcoming sale of $200 million eight-year senior subordinated notes (B2/B), according to an informed source.

The deal is expected to price on Wednesday, the source added.

UBS Investment Bank and Banc of America Securities are joint bookrunners on the Rule 144A deal.

The notes will be non-callable for four years.

Euramax will use proceeds to repay debt and possibly pay a dividend.

The company is a Norcross, Ga.-based producer of aluminum, steel, vinyl and fiberglass products.

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