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Published on 4/15/2002 in the Prospect News High Yield Daily.

Britax starts roadshow Wednesday for 145 million euros senior notes

By Paul A. Harris

St. Louis, Mo., April 15 - Britax Group, plc will begin roadshowing €145 million senior notes due 2011 on Wednesday, according to a market source.

The deal is expected to price during the week of April 22.

The source identified Lehman Brothers and ING Barings as syndicate-members, although inquiries to those institutions were unanswered late in Monday's session.

The notes will be non-callable for four years.

Proceeds will be used to fund the buyout of Britax by Royal Bank Private Equity.

The company is based in the U.K. and manufactures child car seats and other transportation safety items.


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