KeHE to start roadshow Wednesday for $200 million eight-year notes

By Paul A. Harris

Portland, Ore., July 22 - KeHE Distributors, LLC and KeHE Finance Corp. plan to begin a roadshow on Wednesday for their $200 million offering of eight-year senior secured second-lien notes, according to a syndicate source.

The deal is expected to price during the July 29 week.

BMO Capital Markets Corp. is the left bookrunner for the Rule 144A and Regulation S for life notes offering. J.P. Morgan Securities LLC is the joint bookrunner.

Wells Fargo Securities LLC, Moelis, US Bancorp and RBS Securities Inc. are the co-managers.

The notes come with four years of call protection.

The Romeoville, Ill.-based specialty, natural and organic, and fresh food distribution company plans to use the proceeds to refinance debt, to redeem certain preferred stock and for general corporate purposes.

© 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.