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Tabletop $75 million 11-year notes talked at 12¼%-12½%, pricing Thursday
By Paul A. Harris
St. Louis, Nov. 5 - Price talk of 12¼%-12½% emerged Wednesday on Tabletop Holdings, Inc.'s quick-to-market offer of $75 million proceeds of senior subordinated discount notes due 2014 (Caa1/B-), according to a market source.
The deal is expected to price on Thursday.
Credit Suisse First Boston and Jefferies & Co. are the underwriters.
The notes will be non-callable for five years.
Tabletop is the parent of Merisant Co., a Chicago manufacturer and marketer of tabletop sweetener products.
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