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Published on 1/13/2004 in the Prospect News High Yield Daily.

Vail Resorts plans $350 million notes offering

St. Louis, Jan. 13 - Vail Resorts Inc. said it plans to sell $350 million of senior subordinated notes.

The securities will be offered under Rule 144A.

Proceeds will be used to finance its tender for up to $200 million of senior subordinated notes due 2009.

No other details were available on the new deal, announced late Tuesday.

Banc of America Securities and Deutsche Bank Securities are dealer managers for the tender offer.

The Vail, Colo., company operates mountain resorts.


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