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Published on 11/2/2009 in the Prospect News High Yield Daily.

Viasystems to start roadshow Tuesday for $220 million five-year notes

By Paul A. Harris

St. Louis, Nov. 2 - Viasystems, Inc. will start a roadshow on Tuesday for its $220 million offering of senior secured notes due January 2015, according to an informed source.

Goldman Sachs & Co. and Wells Fargo Securities will lead the Rule 144A for life deal.

The notes will come with 2.5 years of call protection.

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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