LBI Media to start roadshow Monday for $225 million 10-year notes

By Paul A. Harris

St. Louis, July 13 - LBI Media, Inc. will begin a brief roadshow on Monday for its $225 million offering of 10-year senior subordinated notes (B2/CCC), according to market sources.

The roadshow is expected to wrap up on Thursday, with pricing expected thereafter.

Credit Suisse, Deutsche Bank Securities and Wachovia Securities are the underwriters for the Rule 144A for life notes.

Proceeds will be used to refinance the company's 10 1/8% notes due 2012, to repay bank debt and for general corporate purposes.

LBI Media is a Burbank, Calif.-based operator of Spanish-language radio and television stations.

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