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ACCO Brands Corporation Announces Pricing of $460 Million Senior Secured Notes Due 2015.

Publication: Business Wire
Publication Date: 21-SEP-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Offering upsized from $425 million

LINCOLNSHIRE, Ill. -- ACCO Brands Corporation (NYSE: ABD), a world leader in select categories of branded office products, announced today that it has priced an offering of $460 million of 10.625 percent senior secured notes due 2015 at an issue price of 98.5 percent of the aggregate principal amount of the notes. The aggregate principal amount of notes offered was upsized from $425 million to $460 million. The net proceeds of the notes, together with a borrowing under an anticipated new credit facility, will be used to refinance existing indebtedness, including repayment of all borrowings outstanding under the company's existing credit and securitization facilities, and to pay transaction and related costs.

The notes will be offered and sold to...

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