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
 
Published on 3/20/2002 in the Prospect News High Yield Daily.

Isle of Capri $200 million 10-year notes talked at 8 5/8%-8 7/8%, pricing Thursday

By Paul A. Harris

St. Louis, Mo., March 20 - Official price talk of 8 5/8%-8 7/8% came out Wednesday on Isle of Capri Casinos, Inc.'s offering of $200 million senior subordinated notes due 2012 (existing ratings B2/B), according to a syndicate source.

The deal is set to price Thursday afternoon.

Dresdner Kleinwort Wasserstein, CIBC World Markets and Deutsche Banc Alex. Brown are joint bookrunners. Credit Lyonnais and Wells Fargo Capital are co-managers.

The Rule 144A notes are non-callable for five years.

Proceeds will be used to repay bank debt, according to a syndicate source.


© 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.