VWR sets roadshow for €500 million seven-year notes offering

By Paul A. Harris

Portland, Ore., March 17 – VWR Corp. plans to market a €500 million offering of seven-year senior notes on Wednesday and Thursday, according to a market source.

Goldman Sachs & Co. is the bookrunner for the Rule 144A and Regulation S offering, which is set to price following the conclusion of the roadshow.

The notes come with three years of call protection.

The Radnor, Pa.-based company plans to use the proceeds to refinance its 7¼% senior notes and its senior secured credit facility, which both mature in 2017, and with added liquidity to support its growth initiatives.

The notes are being issued via VWR Funding, Inc., a wholly owned subsidiary of the independent provider of products, services and solutions to laboratory and production facilities.

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