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Solera sets investor call for $700 million eight-year notes offer
By Paul A. Harris
Portland, Ore., June 27 - Solera Holdings, Inc. scheduled an investor conference call for 11 a.m. ET Thursday to discuss a $700 million offering of eight-year senior notes, according to a market source.
Goldman Sachs & Co. has the books for the Rule 144A and Regulation S offer.
The notes come with four years of call protection.
Solera plans to use the proceeds to repay all of the outstanding debt under its senior secured credit facility.
Solera is a Westlake, Texas-based provider of software and services to the automobile insurance claims processing industry.
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