AMF Bowling $150 million six-year notes price talk 9¾%-10%, to price Thursday

By Paul A. Harris

St. Louis, Feb. 18 - Price talk of 9¾% to 10% emerged Wednesday on AMF Bowling Worldwide Inc.'s proposed $150 million offering of six-year senior subordinated notes (B3/CCC+), according to an informed source.

Merrill Lynch & Co. and Credit Suisse First Boston are joint bookrunners on the Rule 144A offering.

The notes come with three years of call protection.

Proceeds will be used to help support the leveraged buyout by an affiliate of Code Hennessy & Simmons LLC.

Richmond, Va.-based AMF Bowling is an owner-operator of bowling centers and a manufacturer of bowling equipment.

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