Goodman Networks begins roadshow for $225 million seven-year notes

By Paul A. Harris

Portland, Ore., June 8 - Goodman Networks Inc. began a roadshow on Wednesday for a $225 million offering of seven-year senior secured notes, according to an informed source.

The roadshow wraps up on June 17.

Jefferies & Co. Inc. is the bookrunner. PNC Capital Markets is the co-manager.

The Rule 144A with registration rights notes come with four years of call protection.

Credit ratings in the mid single B range are expected.

The Plano, Texas-based telecommunications services company plans to use the proceeds to fund a management buyout, to repay existing debt and for general corporate purposes.

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