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Expro selling $100 million tap of 8½% secured notes due 2016 Thursday
By Paul A. Harris
Portland, Ore., July 11 - Expro Finance Luxembourg SCA plans to price a $100 million add-on to its 8½% senior secured notes due Dec. 15, 2016 on Thursday, according to a market source.
Goldman Sachs & Co. has the books for the Rule 144A offering.
The notes become callable on Dec. 15, 2013 at 104.25.
The Reading, England-based oilfield services provider plans to use the proceeds for general corporate purposes.
The original $1.4 billion issue priced at 96.207 to yield 9¼% in December 2009.
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