Aramark plans to price $1 billion senior notes on Friday

By Paul A. Harris

Portland, Ore., Feb. 21 - Aramark Corp. plans to price a $1 billion offering of senior notes on Friday, according to a market source.

Goldman Sachs & Co. and J.P. Morgan Securities LC are leading the Rule 144A and Regulation S deal.

Proceeds will be used to repay some outstanding debt of the company and/or its indirect parent, Aramark Holdings Corp.

Aramark is a Philadelphia-based professional services company that provides food, hospitality and facility management services as well as uniform and work apparel.

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