3W to begin marketing €125 million 9¼% notes due 2015 on Thursday

By Paul A. Harris

St. Louis, Nov. 15 - 3W Power Holdings SA, the holding company for Netherlands-based electronics company AEG Power Solutions, announced in a Monday press release that it plans to issue up to €125 million of 9¼% notes due 2015.

The order books will open to retail investors beginning Thursday.

The books are scheduled to close on Nov. 24.

Close Brothers Seydler Bank AG is the bookrunner.

Proceeds will be used to secure long-term funding for AEG Power Solutions' external growth strategy and business realignment.

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