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MediaNews to start two-day roadshow Tuesday for $300 million 10-year notes
By Paul A. Harris
St. Louis, Nov. 17 - MediaNews Group, Inc. will begin a two-day roadshow on Tuesday for an offering of $300 million of senior subordinated notes due 2013, according to an informed source.
Pricing is planned for Wednesday.
Deutsche Bank Securities and Banc of America Securities are joint bookrunners on the Rule 144A/Regulation S deal.
MediaNews will use proceeds to repurchase or redeem its 8¾% senior subordinated notes due 2009.
The prospective issuer is the Denver-based parent of Garden State Newspapers, which owns and operates daily and non-daily newspapers in 10 states.
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