Spain's Abengoa plans roadshow for $600 million seven-year bullet notes during Oct. 11 week

By Paul A. Harris

St. Louis, Oct. 8 - Spanish multinational conglomerate Abengoa SA will conduct a roadshow during the Oct. 11 week for a $600 million offering of non-callable seven-year senior notes, according to an informed source.

The deal is set to price early in the Oct. 18 week.

Credit Suisse, Bank of America Merrill Lynch, Citigroup and Deutsche Bank Securities are the joint bookrunners for the offering of notes, which are formatted according to Rule 144A and Regulation S without registration rights.

The notes come with a 101% poison put.

Proceeds will be used for general corporate purposes and capital expenditures for a project pipeline.

The Seville, Spain-based company has operations in the energy, telecommunications, transportation, and environmental sectors.

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