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Published on 10/30/2009 in the Prospect News High Yield Daily.

Viasystems expected to price $220 million six-year notes in early November via Goldman Sachs

By Paul A. Harris

St. Louis, Oct. 30 - Viasystems, Inc. is expected to price a $220 million offering of six-year senior secured notes during early November, according to a market source.

Goldman Sachs & Co. will lead the Rule 144A and Regulation S deal.

Proceeds will be used to fund the tender for Viasystems' $200 million of 10½% senior subordinated notes due 2011 and to redeem or otherwise repurchase any 2011 notes that remain outstanding after the expiration of the tender.

Viasystems is a St. Louis-based provider of complex multi-layer PCBs and electro-mechanical solutions.


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