WHITE PLAINS, N.Y., March 24 (Reuters) - American Tire Distributors, Inc. on Wednesday sold $330 million of debt in three parts in the 144a private placement market, said market sources on Thursday.
Banc of America Securities LLC was the sole lead manager for the sale, the sources said. BORROWER: AMERICAN TIRE DISTRIBUTORS, INC. FIRST TRANCHE: AMT $140 MLN COUPON 625 BPS/
3-MO LIBOR MATURITY 4/1/2012 TYPE SR FRN ISSUE PRICE 100 1ST PAY DATE 7/1/2005 LAST MOODY'S Caa2 ...
Sign in to access
this Article
"New Issue-American Tire sells $330 mln 3-part debt" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
