Optimas OE Solutions to start roadshow Monday for $225 million secured notes due 2021

By Paul A. Harris

Portland, Ore., April 17 – Optimas OE Solutions, LLC and Optimas OE Solutions, Inc. plan to start a roadshow on Monday in New York for a $225 million offering of senior secured notes due 2021, according to an informed source.

An investor conference call is scheduled to get underway at 10:30 a.m. ET on Monday.

A group lunch is scheduled at noon ET on Monday in New York. A group breakfast is scheduled for 8 a.m. ET on Wednesday in Boston.

The Rule 144A for life deal is expected to price on April 24.

Morgan Stanley & Co. LLC and SunTrust Robinson Humphrey Inc. are the joint bookrunners.

The notes come with three years of call protection.

Proceeds will be used to fund American Industrial Partners' acquisition of the OEM supply segment of Anixter, Inc.

The prospective issuer is a Glenview, Ill.-based distributor of enterprise cabling and security solutions, electrical and electronic wire and cable and OEM supply fasteners and other small parts.

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