Remington Arms to hit road Wednesday with $175 million eight-year notes

By Paul A. Harris

St. Louis, Jan. 7 - The roadshow starts Wednesday on Remington Arms Co. Inc.'s offering of $175 million of senior notes due 2011 (B2), according to a syndicate source.

The deal is expected to price on Jan. 17.

Credit Suisse First Boston is the bookrunner. Goldman Sachs & Co. and Wachovia Securities, Inc. are co-managers.

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

Proceeds will be used to fund a recapitalization.

The company, a designer, producer and marketer of sporting goods products for the hunting, shooting sports and fishing markets, is headquartered in Madison, N.C.

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