E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/2/2004 in the Prospect News High Yield Daily.

Maax Holdings to price $110 million eight-year discount notes Friday via Merrill Lynch

By Paul A. Harris

St. Louis, Dec. 2 - Bathroom fixtures manufacturer Maax Holdings Inc. plans to price $110 million proceeds of eight-year senior discount notes on Friday afternoon, according to an informed source.

An investor conference call is scheduled for 10 a.m. ET Friday.

Merrill Lynch & Co. has the books for the Rule 144A with registration rights offering.

The notes will be non-callable for four years.

Proceeds will be used to repurchase shares.

The company is based in Sainte-Marie de Beauce, Quebec.


© 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.