Rexel to start roadshow Tuesday for €500 million seven-year notes sale

By Paul A. Harris

St. Louis, Dec. 7 - Rexel will begin a brief roadshow on Tuesday for a €500 million offering of seven-year senior notes, according to an informed source.

The roadshow wraps up on Friday.

Calyon Securities, RBS Securities and Bank of America Merrill Lynch are global coordinators and bookrunners for the Regulation S offering. BNP Paribas, HSBC and Natixis Bleichroeder are joint bookrunners.

The notes come with four years of call protection.

Proceeds will be used to refinance existing debt.

Credit ratings remain to be determined.

Rexel is a Paris-based manufacturer of low voltage electrical products.

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