Riddell Bell roadshow for $140 million eight-year notes to start Wednesday

By Paul A. Harris

St. Louis, Sept. 9 - Riddell Bell Holdings Inc. will begin a roadshow Wednesday for its $140 million offering of eight-year senior subordinated notes (B3/B-), according to a syndicate source.

Pricing is expected to take place on Sept. 23.

Goldman Sachs & Co. and Wachovia Securities will be joint bookrunners for the Rule 144A offering. UBS Investment Bank will be the co-manager.

The notes will come with four years of call protection.

Proceeds will be used to help finance the acquisition of Bell Sports and to repay existing debt at Riddell Sports Group, a subsidiary of the newly formed entity.

Irving, Texas-based Riddell Bell is a new entity formed from the combination of Riddell Sports Group Inc. and Bell Sports Corp.

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