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Prospect News home > News index > List of issuers M > Headlines for Marietta Corp. > News item |
Marietta to sell $75 million seven-year notes via Jefferies
By Paul A. Harris
St. Louis, Mo., June 7 - Jefferies & Co. will run the books on Marietta Corp.'s Rule 144A offering of $75 million of senior secured notes due 2009 (B3/B-), according to a syndicate source.
Proceeds, according to a market source, will be used to refinance $39 million of existing debt and to fund the acquisition of Morton's Restaurant Group.
The company is a New York-based guest amenities supplier to the hotel industry.
No timing was heard on this offering.
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