Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers V > Headlines for Vista Outdoor Inc. > News item |
Vista Outdoor starts roadshow for $300 million eight-year notes offer
By Paul A. Harris
Portland, Ore., Aug. 3 – Vista Outdoor, Inc. started a roadshow on Monday for a $300 million offering of eight-year senior notes (Ba3/BB+), according to an informed source.
An investor lunch in New York and a conference call were scheduled to get underway at noon ET on Monday.
An investor breakfast is set for 8 a.m. ET on Tuesday in Boston.
The Rule 144A with registration rights deal, via bookrunner Morgan Stanley & Co. LLC, is expected to price later this week.
The notes come with three years of call protection.
The Clearfield, Utah-based outdoor sports and recreation merchandise company plans to use the proceeds to pay down its revolver and for general corporate purposes.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.