Eco-Bat Technology to sell €185 million 10-year notes

By Paul A. Harris

St. Louis, Jan. 9 - Eco-Bat Technology Ltd. is expected to come to market with €185 million of notes due 2013 in late January, according to a syndicate source.

Credit Suisse First Boston and Salomon Smith Barney are joint bookrunners.

The Rule 144A/Regulation S notes are non-callable for five years.

Proceeds will be used to finance the acquisition of two recycling plants.

The U.K.-based company recycles batteries.

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