AGCO to start Europe-only roadshow on Tuesday for €200 million 10-year notes

By Paul A. Harris

St. Louis, April 7 - A Europe-only roadshow is set to run April 13-15 for AGCO Corp.'s proposed €200 million of 10-year senior subordinated notes (B1/BB-), according to an informed source.

Pricing is expected on April 15.

Morgan Stanley and Bear Stearns & Co. will run the books for the off-the-shelf offering.

The notes will come with five years of call protection.

Proceeds will be used to redeem the company's 8½% senior subordinated notes due 2006.

Duluth, Ga.-based AGCO makes farm equipment.

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