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Published on 11/30/2011 in the Prospect News High Yield Daily.

Expert Global Solutions to start roadshow Tuesday for $300 million eight-year senior notes

By Paul A. Harris

Portland, Ore., Nov. 30 - Expert Global Solutions, Inc. plans to start an investor roadshow on Tuesday for a $300 million offering of eight-year senior notes (Caa1), according to an informed source.

The roadshow wraps up on Dec. 12.

Deutsche Bank Securities Inc. is the left bookrunner. Barclays Capital Inc., J.P. Morgan Securities LLC and RBS Securities Inc. are the joint bookrunners.

The Rule 144A and Regulation S notes come with four years of call protection.

The Horsham, Pa.-based provider of business process outsourcing services, formerly known as NCO Group, Inc., is also putting in place $870 million of credit facilities.

Proceeds, together with a new credit facility, will be used to refinance debt and to help fund the merger of NCO Group and APAC Customer Services, which are One Equity Partners portfolio companies, into Expert Global Solutions.


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