New Issue-Exide Technologies sells $290 mln 8-yr notes

Newswire

WHITE PLAINS, N.Y., March 15 (Reuters) - Car battery maker Exide Technologies sold $290 million of eight-year senior notes in the 144a private placement market, said market sources on Tuesday.

Deutsche Bank Securities Inc. and Credit Suisse First Boston were the joint lead managers for the sale, the sources said. BORROWER: EXIDE TECHNOLOGIES AMT $290 MLN COUPON 10.50 PCT MATURITY 3/15/2013 TYPE SR NOTES ISS PRICE 100 FIRST PAY DATE 9/15/2005 LAST MOODY'S Caa1 YIELD 10.50 PCT PAY ...

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