Autocam starts roadshow for $140 million 10-year notes via Goldman/Citi

By Paul A. Harris

St. Louis, May 17 - Autocam Corp. began a roadshow Monday for a $140 million offering of 10-year senior subordinated notes, according to an informed source.

Pricing is expected mid to late in the week of May 24.

Goldman Sachs & Co. and Citigroup are joint bookrunners on the Rule 144A offering.

The notes come with five years of call protection.

Proceeds will be used to fund the acquisition of the company by GS Capital Partners 2000, Transportation Resource Partners (formerly Penske Capital Partners) and chief executive officer John Kennedy from Aurora Capital Group.

The Kentwood, Mich.-based company is a designer and manufacturer of close-tolerance metal components and assemblies used primarily for performance and safety critical automotive applications.

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