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Permian Holdings to sell $175 million five-year secured notes
By Paul A. Harris
Portland, Ore., Jan. 30 - Permian Holdings, Inc. plans to price a $175 million offering of five-year senior secured notes during the middle part of the week ahead, an informed source said on Wednesday.
Jefferies & Co. Inc. is the bookrunner.
The Rule 144A for life notes come with 2.5 years of call protection.
Proceeds will be used to refinance debt and pay a distribution to the owners.
The prospective issuer is a manufacturer of wellsite fluid processing and containment systems for oil and gas exploration and production.
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