Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for Husky Injection Molding Systems Ltd. > News item |
Husky Injection Molding to sell C$570 million senior notes due 2019
By Cristal Cody
Prospect News, June 13 - Husky Injection Molding Systems Ltd. plans to price C$570 million of eight-year senior notes (Caa1/CCC+), according to an informed bond source.
Goldman Sachs & Co., Morgan Stanley & Co. Inc., RBC Capital Markets Corp. and TD Securities Inc. are the bookrunners.
Proceeds will be used to help fund the leveraged buyout of parent company Husky International Ltd. by Berkshire Partners LLC and Omers Private Equity Inc. from Onex Corp.
Bolton, Ont.-based Husky is a leading international supplier of injection molding equipment and services to the plastics industry. Husky's equipment is used to manufacture plastic products such as bottles and caps for beverages, containers for food, medical devices and consumer electronic parts.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.