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Published on 8/2/2013 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

CommScope to use IPO proceeds to redeem 8¼% notes due 2019

By Jennifer Chiou

New York, Aug. 2 - CommScope Holding Co., Inc. intends to use the proceeds from its up to $750 million initial public offering of stock to redeem some of its 8¼% notes due 2019, according to an S-1 filing with the Securities and Exchange Commission.

Proceeds will also be used for general corporate purposes.

CommScope is a Hickory, N.C.-based provider of infrastructure services for communication networks.


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