New Issue: Von Hoffman seven-year notes upsized to $215 million, yield 10¼%

By Paul A. Harris

St. Louis, Mo., March 15 - Von Hoffman, Corp. upsized its offering of senior notes due March 15, 2009 (B2/B) to $215 million from $200 million and priced them Friday at par to yield 10¼%, according to market sources.

Price talk was 10¼%-10½%.

Credit Suisse First Boston was bookrunner on the Rule 144A notes. Scotia Capital was co-manager.

The St. Louis-based printing company will use the proceeds to repay bank debt.

Issuer:	Von Hoffman Corp.
Amount:	$215 million (increased from $200 million)
Maturity:	March 15, 2009
Type:	Senior notes
Bookrunner:	Credit Suisse First Boston
Coupon:	10¼%
Price:	Par
Yield:	10¼%
Spread:	502 basis points over the 5½% Treasury due May 15, 2009
Call features:	Callable on March 15, 2005 at 107.688, 105.125, 102.563, par on March 15, 2008 and thereafter
Equity clawback:	Until March 15, 2005 for 35% at 110.25
Settlement date:	March 26, 2002
Ratings:	Moody's: B2
	S&P: B
Rule 144A CUSIP:	928864AC1

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