Germany's Kuka starts roadshow for €200 million seven-year notes

By Paul A. Harris

St. Louis, Nov. 8 - Germany's Kuka AG began a roadshow on Monday for a €200 million offering of seven-year senior second-priority notes, according to a market source.

Presentations are scheduled to take place in Frankfurt, London, Paris and Edinburgh.

Deutsche Bank and Goldman Sachs & Co. are the joint bookrunners for the notes, which are formatted according to the provisions of Rule 144A and Regulation S.

Commerzbank, LBBW and UniCredit are the co-lead managers.

The notes come with four years of call protection.

The Augsburg, Germany-based robotics company will use the proceeds to refinance debt.

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