Ames True Temper to start roadshow Tuesday for $150 million eight-year notes

By Paul A. Harris

St. Louis, June 10 - Ames True Temper Inc. will hold a roadshow Tuesday through June 23 for its $150 million offering of eight-year senior subordinated notes, according to an informed source.

Banc of America Securities is the bookrunner for the Rule 144A offering. Wachovia Securities is the co-manager.

The notes will come with four years of call protection.

Proceeds will be used to help fund Castle Harlan's leveraged buyout of Ames True Temper from Wind Point Partners.

The Camp Hill, Pa.-based company manufactures, markets and distributes non-motorized lawn and garden tools, wheelbarrows and hose reels.

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