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Prospect News home > News index > List of issuers G > Headlines for GXS Corp. (Global eXchange Services) > News item |
Global eXchange Services on the road with $175 million five-year notes
By Paul A. Harris
St. Louis, March 3 - Global eXchange Services, Inc. is currently on the road with $175 million of senior secured floating-rate notes due 2008, according to an informed source.
The deal is expected to price late in the week of March 3 or early in the week of March 10, the source added.
Credit Suisse First Boston is the bookrunner.
The Rule 144A notes are callable after 18 months.
Proceeds will be used to refinance debt.
The company, headquartered in Gaithersburg, Md., provides automation services and software for companies in the retail, manufacturing, energy, and transportation industries.
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