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Published on 4/6/2004 in the Prospect News High Yield Daily.

LaBranche to offer new senior notes to fund tender

St. Louis, April 6 - LaBranche & Co. Inc. plans to offer new senior notes to fund the tender for its 9½% senior notes due August 2004 and its 12% senior subordinated notes due March 2007, the company said in a news release Tuesday.

Credit Suisse First Boston is the dealer manager for the tender, which expires May 3.

LaBranche, a New York City-based financial specialist firm, did not return a telephone call Tuesday from Prospect News.


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