Soho House starts roadshow for £25 million tap of 9 1/8% secured notes due 2018 via Imperial

By Paul A. Harris

Portland, Ore., May 6 - Soho House Bond Ltd. began a roadshow on Tuesday for a £25 million add-on to its 9 1/8% senior secured notes due October 2018 (Caa1/B-/), according to an informed source.

The Rule 144A and Regulation S with registration rights offering via bookrunner Imperial Capital is set to price late this week.

The notes become callable Oct. 1, 2015 at 106.844.

Proceeds will be used to repay debt and for general corporate purposes.

Soho House is a private members' club aimed primarily at those in the film, media and creative industries.

The original £115 million issue priced at par on Sept. 20, 2013.

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