Rockwood Specialties Group cites imminent roadshow start for $375 million eight-year notes

By Paul A. Harris and Sara Rosenberg

St. Louis, June 26 - A roadshow will get underway late in the week of June 23 or early in the following week for Rockwood Specialties Group Inc. $375 million of senior subordinated notes due 2011 (B-), according to a source close to the deal. The source added that the deal is expected to price on or around July 10.

JP Morgan, Merrill Lynch and Goldman Sachs will take part in the underwriting on the Rule 144A deal.

The company will also obtain a $535 million credit facility.

Proceeds will be used to fund the recapitalization plan.

The prospective issuer is a Princeton, N.J. chemical company.

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