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Prospect News home > News index > List of issuers V > Headlines for Viking Acquisition Inc. > News item
Published on 10/25/2010 in the Prospect News High Yield Daily.

Global AutoCare to sell $250 million eight-year notes via JPMorgan

By Paul A. Harris

St. Louis, Oct. 25 - Viking Acquisition/Global AutoCare is expected to sell $250 million of eight-year senior secured notes (Caa1/CCC+) to help fund the acquisition of the Clorox Co.'s auto care products business by Avista Capital Partners, market sources said on Monday.

J.P. Morgan Securities LLC will lead the Rule 144A offering.

Timing remains to be determined.

Global AutoCare is a manufacturer, marketer and distributor of automotive aftermarket appearance and performance auto-care products.


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