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Published on 5/8/2003 in the Prospect News High Yield Daily.

Interline Brands $200 million eight-year notes talked at 11¼% to 11½%, pricing Monday

New York, May 8 - Interline Brands' offering of $200 million senior subordinated notes due 2011 (Caa1/B-) is talked at a yield of 11¼% to 11½%, according to a market source.

The deal is expected to price Monday.

Credit Suisse First Boston and JP Morgan are joint bookrunners.

Proceeds from the eight-year non-call four notes will be used to help fund a recapitalization.

The issuer is a Moorestown, N.J.-based distributor of repair and maintenance products.


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