Wimm-Bill-Dann Foods bringing $150 million of senior notes via UBS Warburg

By Paul A. Harris

St. Louis, April 30 - Moscow-based dairy and juice manufacturer Wimm-Bill-Dann Foods OJSC is in the high yield market with $150 million of five-year senior notes ((P)B3/B+), according to an informed source.

UBS Warburg is running the books on the deal, the source said.

The roadshow for the Rule 144A/Regulation S deal is set to start on May 2, according to a market source.

Proceeds will be used to refinance $95 million of debt, with the remainder to fund capital expenditures.

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