E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers H > Headlines for Hilite International, Inc. > News item
Published on 2/10/2005 in the Prospect News High Yield Daily.

Hilite International $150 million seven-year notes talked 10¾%, to price Friday

By Paul A. Harris

St. Louis, Feb. 10 - Hilite International Inc.'s $150 million offering of seven-year senior subordinated notes (B3/B) is talked to yield 10¾%, according to market sources.

Pricing is expected on Friday.

JP Morgan has the books for the Rule 144A/Regulation S offering. NatCity Investments is the co-manager.

Proceeds will be used to repay bank debt.

Hilite International is a Cleveland-based precision valve manufacturer for the automotive industry.


© 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.