Endurance sets roadshow for $350 million eight-year notes offering backing Constant Contact buy

By Paul A. Harris

Portland, Ore., Jan. 27 – EIG Investors Corp., a wholly owned subsidiary of Endurance International Group Holdings Inc., plans to start a roadshow on Thursday in New York for a $350 million offering of eight-year senior notes, according to a syndicate source.

The roadshow continues on Friday in New York, New Jersey and Baltimore.

The deal moves to Boston on Monday, to Los Angeles on Tuesday and to San Francisco on Feb. 3.

Goldman Sachs & Co. is the left bookrunner for the Rule 144A and Regulation S offering. Credit Suisse Securities (USA) LLC and Jefferies LLC are the joint bookrunners.

The notes become callable after three years at par plus 75% of the coupon.

Proceeds, along with the expected $735 million incremental term loan and cash on hand from the balance sheets of Constant Contact Inc. and Endurance, will be used to refinance Endurance’s existing revolving credit facility and to fund the acquisition of Constant Contact.

Endurance is a Burlington, Mass.-based provider of web hosting and online services. Constant Contact is a Waltham, Mass.-based online marketing company.

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