LBI Media starts roadshow Thursday for $200 million 10-year notes

By Paul A. Harris

St. Louis, Mo., June 19 - The roadshow starts Thursday for LBI Media, Inc.'s offering of $200 million senior subordinated notes due 2012, according to a syndicate source.

The deal will possibly price late in the week of June 24, according to the source.

Credit Suisse First Boston and UBS Warburg are joint bookrunners. Fleet Securities, Banc of America Securities and CIBC World Markets are co-managers.

The Rule 144A notes are non-callable for five years.

Proceeds will be used to repay existing debt, fund pending acquisitions and for general corporate purposes.

The issuer is a Spanish language radio and TV operator based in Los Angeles.

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