US Valspar sells $350m in notes

13 April 2007 01:16  [Source: ICIS news]

HOUSTON (ICIS news)--Paints and coatings firm Valspar said on Thursday that it was issuing $350m (€259m) in senior notes to refinance notes that are due 1 May.

Out of the offering, $200m are due on 1 May 2012 and $150m will be due 1 May 2017.

Barclays Capital and Wachovia Securities served as joint book-running managers for the offerings.

($1 = €0.74)

By Al Greenwood

+ 1 713 525 2645



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