Euramax to start roadshow Thursday for $315 million eight-year notes

By Paul A. Harris

St. Louis, Sept. 7 - Euramax International Inc. will begin a roadshow Thursday for its $315 million offering of eight-year senior subordinated notes (Caa1/B-), according to an informed source.

Pricing is expected on Sept. 16.

Goldman Sachs & Co. and Credit Suisse First Boston are the bookrunners for the Rule 144A with registration rights offering.

The notes come with four years of call protection.

Proceeds will be used to repay in full $190 million of outstanding borrowings and to redeem $110 million of the company's payment-in-kind notes.

Euramax is a Norcross, Ga., manufacturer of aluminum and steel building products for the construction and transportation markets.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.