Gamestop to start roadshow Tuesday for $950 million two-part note offering

By Paul A. Harris

St. Louis, Sept. 8 - Gamestop Corp. will begin a roadshow Tuesday for its $950 million two-part offering of senior unsecured guaranteed notes (Ba3/B+), according to a syndicate source.

The Grapevine, Texas, electronic gaming company plans to sell six-year floating-rate notes that will come with two years of call protection and seven-year fixed-rate notes that will come with four years of call protection.

Tranche sizes remain to be determined.

The roadshow wraps up on Sept. 20, with pricing expected thereafter.

Citigroup, Banc of America Securities LLC and Merrill Lynch & Co. are joint bookrunners for the Rule 144A offering.

Proceeds will be used to fund a merger with EB Games.

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