Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Morris Publishing Group LLC > News item |
Morris Publishing $200 million 10-year notes talked at 6½%-6¾%, pricing Tuesday
By Paul A. Harris
St. Louis, July 28 - Price talk of 6½%-6¾% emerged Monday on Morris Publishing Group LLC's upcoming sale of $200 million 10-year senior subordinated notes (Ba3/B+), according to a market source.
The deal is expected to price on Tuesday, the source added.
JP Morgan is the bookrunner on the Rule 144A deal. Wachovia Securities, Inc., BNY, Fleet Securities, SunTrust Robinson Humphrey, McDonald Investments and Stephens Inc. are co-managers.
The notes will be non-callable for five years.
The Augusta, Ga.-based newspaper publisher will use proceeds to repay bank debt.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.