Easton-Bell starts roadshow for $325 million seven-year secured notes via JPMorgan, Wells Fargo

By Paul A. Harris

St. Louis, Nov. 16 - Easton-Bell Inc. began a roadshow on Monday for its $325 million offering of seven-year senior secured notes, according to a market source.

The roadshow wraps up on Friday, and the notes are expected to price thereafter.

J.P. Morgan Securities Inc. and Wells Fargo Securities are joint bookrunners.

The notes come with four years of call protection.

Proceeds will be used to repay bank debt and to redeem the company's subordinated notes.

Easton-Bell is a Van Nuys, Calif.-based designer, developer and marketer of branded athletic equipment and accessories.

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