Hudson Products starts roadshow for $250 million offering of six-year secured notes via UBS

By Paul A. Harris

St. Louis, Jan. 26 - Hudson Products Holdings Inc. began a roadshow on Tuesday for its $250 million offering of six-year senior secured second-lien notes, according to an informed source.

The deal is set to price on Friday.

UBS Investment Bank will run the books for the Rule 144A and Regulation S for life notes. BNP Paribas Securities Corp. is the co-manager.

Proceeds will be used to prepay the company's existing credit facility.

The notes come with three years of call protection.

Credit ratings remain to be determined.

Hudson Products is a Sugar Land, Texas-based global provider of air-cooled heat exchangers and axial flow-fans.

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