Singapore’s MMI International marketing $300 million five-year notes

By Paul A. Harris

Portland, Ore., Oct. 27 – An international roadshow is underway for Singapore-based MMI International Ltd.'s $300 million offering of five-year senior secured notes (expected ratings B2/B+), according to a syndicate source.

The Rule 144A and Regulation S deal, which has been on a roadshow in Asia, was scheduled to be in Hong Kong on Thursday, in London on Friday, in New York on Monday and in Boston on Tuesday and is set to price thereafter.

Goldman Sachs & Co. is the left bookrunner. ANZ, KKR and Standard Chartered are the joint bookrunners.

The hard disk drive supplier plans to use the proceeds to pay down its term loan A.

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