J B Poindexter proposes senior note offer
Mar 1, 2004 12:00 PM
J B Poindexter & Co Inc is proposing to offer $125 million in an aggregate principal amount of its senior notes to qualified institutional buyers in the United States pursuant to Rule 144A of the Securities Act of 1933 and to persons outside the United States pursuant to regulations under the Securities Act. The net proceeds of this offering are expected to be used to repay indebtedness and for general corporate purposes.
Manufacturing businesses owned by J B Poindexter & Co include Morgan Trailer Mfg Co, Truck Accessories Group Inc, and the Specialty Manufacturing Group.
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