Roadshow starts Wednesday for €325 million notes backing Maisons du Monde buyout

By Paul A. Harris

Portland, Ore., July 16 - A roadshow starts Wednesday for a €325 million offering of seven-year senior secured notes (expected ratings B3/B) backing the leveraged buyout of France-based furniture retailer Maisons du Monde, according to a market source.

The roadshow wraps up on July 22.

Global coordinator Credit Suisse will bill and deliver. Commerzbank and Natixis are joint bookrunners.

The Rule 144A and Regulation S for life notes come with three years of call protection.

Proceeds will be used to finance the acquisition of Maisons du Monde by Bain Capital and management.

The issuing entity will be special purpose vehicle Magnolia (BC) SA.

Maisons du Monde is based in Brest, France.

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