Remy Cointreau starts Europe-only roadshow for €150 million eight-year notes

By Paul A. Harris

St. Louis, June 16 - The roadshow is underway in Europe for Remy Cointreau SA's offering of €150 million senior notes due 2010 (Ba2/BB), according to an informed source.

The deal is expected to price late in the week of June 16, the source added.

Banc of America Securities and BNP Paribas are joint bookrunners for the Rule 144A/Regulation S offering.

The notes are non-callable for four years.

Proceeds will be used to redeem €150 million of 10% senior notes due 2005.

The company produces, markets and distributes premium branded cognacs, liqueurs, spirits and champagnes.

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