Roofing Supply to price $200 million eight-year notes in May 21 week

By Paul A. Harris

Portland, Ore., May 15 - Roofing Supply Group LLC plans to price a $200 million offering of eight-year senior notes during the May 21 week, according to a market source.

Goldman Sachs & Co., Deutsche Bank Securities Inc., UBS Investment Bank, Credit Suisse Securities (USA) LLC and Citigroup Global Markets Inc. are the joint bookrunners.

The notes come with three years of call protection.

Proceeds, along with a new $465 million credit facility, will be used to help fund the purchase of the company by Clayton, Dubilier & Rice LLC from the Sterling Group.

The prospective issuer is a Dallas-based wholesale distributor of roofing supplies and related materials.

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