AEI sets price talk for $250 million 10-year notes at 10¼% area

By Paul A. Harris

St. Louis, June 30 - AEI set price talk for its $250 million offering of 10-year senior bullet notes (B2/B) at the 10¼% area on Monday, according to an informed source.

The notes are expected to price on Wednesday.

Credit Suisse has the books for the Rule 144A with registration rights offering.

Proceeds will be used to repay existing credit facilities.

AEI is a Houston-based energy services company started by Ashmore Group plc.

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