Hines Nurseries starts roadshow Friday for $175 million eight-year notes via CSFB

By Paul A. Harris

St. Louis, Sept. 11 - The roadshow starts Friday for Hines Nurseries, Inc.'s offering of $175 million senior notes due 2011 (B3/B), according to an informed source.

The deal is expected to price late in the week of Sept. 15, the source added.

The notes will be non-callable for four years.

Credit Suisse First Boston is bookrunner on the Rule 144A/Regulation S offering.

The Irvine, Calif. commercial nurseries operator will use proceeds to repay its credit facility and redeem its 12¾% senior subordinated notes due 2005.

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