JW Aluminum sets roadshow for $300 million eight-year secured notes

By Paul A. Harris

Portland, Ore., Jan. 26 – JW Aluminum Holding Corp. plans to start a roadshow on Monday in New York for a $300 million offering of eight-year senior secured notes, according to an informed source.

Goldman Sachs & Co. is expected to be involved, although syndicate details were pending late Friday.

The roadshow runs in New York and New Jersey on Tuesday, moves to Boston on Wednesday, to Los Angeles on Thursday and to San Francisco on Feb. 2.

The Rule 144A and Regulation S deal is expected to price at the conclusion of the roadshow.

The Goose Creek, S.C.-based flat rolled aluminum manufacturer plans to use the proceeds to refurbish and expand the company’s capabilities at its manufacturing operations and repay the $151.4 million secured term loan.

© 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.