Atotech sets roadshow for $425 million eight-year notes backing LBO by Carlyle

By Paul A. Harris

Portland, Ore., Jan. 19 – Germany’s Atotech BV plans to start a roadshow on Monday for a $425 million offering of eight-year senior notes, according to a market source.

The deal is set to price late in the week ahead.

J.P. Morgan Securities LLC, Barclays, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, HSBC, Nomura and RBC Capital Markets Corp. are the joint bookrunners.

The notes come with three years of call protection.

Proceeds will be used to fund the leveraged buyout of the Berlin-based manufacturer of specialty plating chemicals and equipment by the Carlyle Group from Total.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.