O'Charley's starts roadshow for $125 million 10-year notes via Wachovia

By Paul A. Harris

St. Louis, Oct. 21 - The roadshow began Tuesday for O'Charley's Inc.'s offering of $125 million senior subordinated notes due 2013, according to informed sources.

Pricing is expected in the middle of the week of Oct. 27.

Wachovia Securities will run the books on the Rule 144A/Regulation S offer.

The notes will be non-callable for five years.

Proceeds, together with proceeds from a recent sale and leaseback transaction, will be used to repay the company's term loan and part of its revolver

The Nashville-based company operates restaurants in the Southeast and Midwest.

© 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.