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Published on 1/23/2006 in the Prospect News High Yield Daily.

RathGibson to start roadshow Tuesday for $200 million eight-year notes via Bear Stearns

By Paul A. Harris

St. Louis, Jan. 23 - RathGibson, Inc. will begin a roadshow Tuesday for its $200 million offering of eight-year senior notes, according to market sources.

The roadshow is set to conclude on Feb. 1.

Bear Stearns & Co. has the books for the notes, which will be marketed via Rule 144A with registration rights. Wachovia Securities is the joint lead manager.

Proceeds will be used to fund the leveraged buyout of the company by Castle Harlan, Inc.

Credit ratings on the notes remain to be determined.

RathGibson is a Janesville, Wis., supplier of tubing and piping for the oil and gas, power generation, food and dairy, biotechnology and chemical processing industries.


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