Armtec sets Sept. 8 roadshow start for C$150 million seven-year notes via Scotia, TD Securities

By Paul A. Harris

St. Louis, Sept. 1 - Armtec Holdings Ltd. plans a Sept. 8 roadshow start for a C$150 million private placement of seven-year senior unsecured notes (/B/), according to an informed source.

The roadshow wraps up on Sept. 13, and the deal is expected to price early in the Sept. 13 week.

Scotia Capital and TD Securities will lead the placement.

Proceeds will be used for general corporate purposes and to repay Armtec group debt, including a portion of its senior secured debt.

The Guelph, Ont.-based company also plans on putting in place a $250 million revolver.

Armtec is a manufacturer and marketer of industrial infrastructure products and engineered construction solutions.

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