Oxea starts roadshow for €500 million equivalent seven-year notes

By Paul A. Harris

St. Louis, June 29 - Germany's Oxea GmbH began a roadshow on Tuesday in Europe for its €500 million equivalent offering of seven-year senior secured notes (B2/B+), according to an informed source.

A roadshow will get underway in the United States during the week ahead.

Deutsche Bank Securities, Morgan Stanley and JPMorgan are leading the Rule 144A and Regulation S for life offering.

Proceeds will be used to repay bank debt, as well as to repay shareholder loans, to fund a distribution to shareholders and for general corporate purposes.

The prospective issuer is a chemical company based in Oberhausen, Germany.

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