HMP Equity Holdings $320 million five-year zero-coupon notes talked at 15% with warrants

By Paul A. Harris

St. Louis, April 29 - HMP Equity Holdings Corp.'s upcoming sale of approximately $320 million five-year senior secured discount notes due 2008 (B-) are talked at 15% with warrants, according to an informed source.

The discount is expected to be more than 50%, the source added.

The deal is expected to price on Wednesday or Thursday.

Credit Suisse First Boston and CIBC World Markets are joint bookrunners for the Rule 144A offering.

The zero-coupon notes will be non-callable for 1.5 years.

The issuer is a holding company for Huntsman International Holdings LLC.

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