Cole National roadshow starts Thursday for $150 million 10-year notes

By Paul A. Harris

St. Louis, Mo., May 6 - Cole National Group, Inc. will start the roadshow Thursday for its $150 million of 10-year senior subordinated notes, according to a syndicate source. The deal is expected to price May 15.

Lehman Brothers and CIBC World Markets are joint bookrunners. McDonald is co-manager.

The Rule 144A notes are non-callable for five years.

The proceeds will be used to fund a tender for its $150 million 9 7/8% notes due 2006.

The Cleveland, Ohio-based company is a retailer of eye-glass services, managed vision care services and a personalized gift business.

© 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.