Mobile Storage $160 million seven-year notes talked at 12½%-12¾%, pricing Monday

By Paul A. Harris

St. Louis, Mo., July 18 - Price talk of 12½%-12¾% emerged Thursday on Mobile Storage Group, Inc.'s upcoming sale of $160 million senior notes due 2009 (B2/B), according to a syndicate source. The deal is expected to price on Monday

Lehman Brothers and Credit Suisse First Boston are joint bookrunners.

The Rule 144A notes are non-callable for four years.

Proceeds will be used to repay debt.

The issuer is a provider of diversified storage headquartered in La Crescenta, Calif.

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