Jarden uses revolver borrowings to help fund acquisition

By Sara Rosenberg

New York, Feb. 7 - Jarden Corp. borrowed funds under its revolver to help fund the acquisition of the business assets and certain liabilities of Diamond Brands Operating Corp. and its affiliates for a purchase price of $108 million.

Jarden is a Rye, N.Y. producer of plastics for commercial and consumer markets; metals for home canning products; and zinc strips and fabricated products, such as coin blanks for the U.S. and foreign mints.

Doane Pet Care plans $200 million notes to repay borrowings

By Paul A. Harris

St. Louis, Feb. 7 - Doane Pet Care Co. plans to sell $200 million senior notes due 2010 with proceeds going to repay a portion of the company's senior credit facility and to repay its sponsor facility in full.

The Brentwood, Tenn.-based private pet food company will start a roadshow for the offering during the week of Feb. 10, according to a syndicate source.

Credit Suisse First Boston and JP Morgan are joint bookrunners.

The deal is expected to price during the week of Feb. 24, according to a Friday press release from the company.

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