H&E Equipment expected to launch $250 million minimum bonds next week via Credit Suisse

By Paul A. Harris

St. Louis, July 6 - H&E Equipment Services is expected to launch a minimum $250 million offering of high-yield notes as early as next week, according to a market source.

Credit Suisse will have the books.

Proceeds will be used to help fund the tender for $200 million senior secured notes due 2012 and $53 million senior subordinated notes due 2013.

The prospective issuer is a Baton Rouge, La., heavy equipment manufacturing and services company.

© 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.