MDC plans to sell $100 million tap of its 6¾% notes due 2020 Tuesday

By Paul A. Harris

Portland, Ore., Nov. 12 - MDC Partners Inc. plans to price a $100 million add-on to its 6¾% senior notes due 2020 on Tuesday following a mid-morning conference call, according to a market source.

J.P. Morgan Securities LLC and Goldman Sachs & Co. are the joint bookrunners for the Rule 144A and Regulation S add-on.

The notes become callable on April 1, 2016 at 103.375.

The New York-based provider of business technology, marketing communications and data analytics services plans to use the proceeds for general corporate purposes.

The original $550 million issue priced at par on March 15, 2013.

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