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Published on 1/19/2018 in the Prospect News High Yield Daily.

Hunt Cos. to start roadshow Monday for $550 million eight-year notes

By Paul A. Harris

Portland, Ore., Jan. 19 – Hunt Cos., Inc. plans to start a roadshow on Monday in New York and New Jersey for a $550 million offering of eight-year senior secured notes, according to a syndicate source.

The roadshow continues in New York on Tuesday, travels to Boston on Wednesday and to Los Angeles on Thursday. Further roadshow plans remain to be determined.

An investor call is scheduled for Tuesday.

Jefferies LLC is the left bookrunner for the Rule 144A and Regulation S for life offering. J.P. Morgan Securities LLC and Hunt Financial Services are the joint bookrunners.

The notes come with three years of call protection.

The El Paso, Texas-based company plans to use the proceeds to refinance its 9 5/8% notes due 2021 and for general corporate purposes.

The prospective issuer is a privately held company that invests in businesses focused in the real estate and infrastructure markets.


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