Oxford Industries starts roadshow for $175 million eight-year notes

By Paul A. Harris

St. Louis, April 28 - Oxford Industries, Inc. began the roadshow Monday for an offering of $175 million senior notes due 2011, according to a syndicate source.

The deal is expected to price on May 6.

Merrill Lynch & Co. is the bookrunner. SunTrust Robinson Humphries is co-manager.

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

Proceeds, together with borrowings under a new senior secured revolver and cash on hand, will be used to finance the cash portion of the Oxford's acquisition of Viewpoint International, Inc.

The issuer is an Atlanta-based manufacturer and wholesale marketer of branded and private label apparel for men, women and children.

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