West Corp. plans roadshow for $1.1 billion two-tranche note offering during Oct. 9 week

By Paul A. Harris

St. Louis, Sept. 28 - West Corp. will conduct a roadshow during the week of Oct. 9 for a $1.1 billion two-part note offering (Caa1/B-), according to an informed source.

The Omaha, Neb., provider of outsourced communications solutions will market $650 million of eight-year senior notes that will come with four years of call protection and $450 million of 10-year senior subordinated notes that will come with five years of call protection.

Deutsche Bank Securities, Lehman Brothers and Banc of America Securities LLC are joint bookrunners. Wachovia Securities is a co-manager.

The company will also put in place a $2.3 billion credit facility.

Proceeds will be used to help fund a leveraged buyout by Thomas H. Lee Partners and Quadrangle Group LLC.

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