Eircom to begin roadshow Tuesday for €1 billion 10-year notes

By Paul A. Harris

St. Louis, July 14 - Eircom Ltd. begins the roadshow Tuesday for an offering of €1 billion equivalent of notes due 2013 in dollar and euro tranches, according to market sources.

The deal is expected to price on July 28, the sources added.

Deutsche Bank Securities Inc. will be lead bookrunner on the Rule 144A/Regulation S deal.

Proceeds will be used to repay debt.

The Irish company was formerly a state-owned telecom.

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