Axtel to start roadshow Tuesday for $150 million 10-year notes

By Paul A. Harris

St. Louis, Dec. 1 - Axtel SA starts the roadshow Tuesday for an offering of $150 million of senior notes due 2013 (B2/B), according to a market source.

The deal is expected to price during the week of Dec. 8.

Credit Suisse First Boston will run the books on the Rule 144A offering.

The 10-year notes will be non-callable for five years.

Axtel will use proceeds to refinance debt.

The company is a San Pedro Garza García, Mexico-based CLEC using fiber optic, wireless and radio technologies.

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