Exopack to sell $225 million seven-year notes in debt refinancing

By Paul A. Harris

Portland, Ore., May 11 - Exopack Holding Corp. is planning a $225 million offering of seven-year senior notes, which could launch during the May 9 week, according to a market source.

Goldman Sachs & Co. is the lead manager.

The Spartanburg, S.C.-based flexible packaging products manufacturer plans to use the proceeds to fund the concurrent tender offer for its 11¼% senior notes due in 2014 and to repay bank debt.

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