Gerresheimer Glas to start roadshow for €150 million 10-year notes early next week

By Paul A. Harris

St. Louis, Feb. 17 - Gerresheimer Glas plans to begin a roadshow early next week for its €150 million offering of 10-year senior notes, according to market sources.

Ratings remain to be determined.

The notes are expected to price on Feb. 28.

JP Morgan and Credit Suisse First Boston will be joint bookrunners.

Proceeds will be used to fund the acquisition of Gerresheimer Glas by Blackstone Capital Partners from Investcorp and JP Morgan Partners.

The prospective issuer is a Dusseldorf, Germany-based provider of glass and plastic packaging for the pharmaceuticals, laboratory-ware and cosmetics industries.

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