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Escada to start roadshow Monday for €200 million seven-year notes
By Paul A. Harris
St. Louis, March 10 - Escada AG, the German designer and marketer of upscale women's apparel, will start a roadshow on Monday for its €200 million offering of seven-year senior notes, according to market sources.
Pricing is expected late in the week of March 14.
Deutsche Bank Securities and HVB are the underwriters.
The notes will be non-callable for four years.
Proceeds will be used to refinance bank debt and to improve the company's capital structure.
Escada is based in Aschheim/München, Germany.
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