Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for SuperPages Canada > News item |
SuperPages Canada to launch $210 million notes in roadshow
By Paul A. Harris
St. Louis, Oct. 18 - Advertising Directory Solutions Holdings Inc. (SuperPages Canada) will hold a roadshow Wednesday through Oct. 28 for its $210 million offering of eight-year fixed-rate senior notes (Caa1/B-), according to a syndicate source.
Pricing is expected to take place Oct. 28.
JP Morgan, Banc of America Securities, Deutsche Bank Securities and Merrill Lynch & Co. will be joint bookrunners for the Rule 144A offering.
The notes come with one year of call protection, after which they will become callable at 103 with the call premium declining annually to 102, 101 and to par.
Proceeds will be used to fund Bain Capital's acquisition of the Verizon Communications' directory operations in Canada.
Burnaby, B.C.-based SuperPages is the official Telus directory publisher in Western Canada.
© 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.