Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Modular Space Corp. > News item |
Modular Space eyes mid-week pricing for $365 million secured notes
By Paul A. Harris
Portland, Ore., Feb. 18 - Modular Space Corp. plans to price a $365 million offering of five-year senior secured second-lien notes (B3/B-) during the middle part of the Feb. 17 week, according to market sources.
BofA Merrill Lynch, J.P. Morgan Securities LLC and Wells Fargo Securities LLC are joint bookrunners.
The notes come with two years of call protection.
The Berwyn, Pa.-based company, which sells and services modular space structures and storage containers, plans to use the proceeds to repay debt.
© 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.