France's Oberthur starts roadshow for €200 million notes due 2020; pricing Oct. 7 week

By Paul A. Harris

Portland, Ore., Oct. 1 - France's Oberthur Technologies began a roadshow on Tuesday for its €200 million offering of senior notes due 2020, according to a market source.

Pricing is expected in the early to middle part of the Oct. 7 week.

The notes are expected to have a long six-year maturity.

Goldman Sachs, JPMorgan and Lloyds TSB are the active bookrunners. Barclays, HSBC and SG CIB are the passive bookrunners.

The Rule 144A and Regulation S notes come with three years of call protection.

The Paris-based manufacturer of chip-based digital authentication products for the payment and telecommunications industries plans to use the proceeds to refinance debt.

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