New Issue-Associated Materials sells $200 mln notes

Thu Oct 29, 2009 11:08am EDT

 Oct 29 (Reuters) - Associated Materials LLC on Thursday
sold $200 million of senior secured second lien notes in the
144a private placement market, said IFR, a Thomson Reuters
service.
 JP Morgan, UBS, and Wells Fargo were the joint bookrunning
managers for the sale.
BORROWER: ASSOCIATED MATERIALS LLC
AMT $200 MLN      COUPON 9.875 PCT    MATURITY 11/15/2016
TYPE SR SEC NTS   ISS PRICE 98.757    FIRST PAY 5/15/2010
MOODY'S B2        YIELD 10.125 PCT    SETTLEMENT 11/5/2009
S&P TRIPLE-C      SPREAD 714 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 4 YEARS*
*MAKE-WHOLE CALL 50 BPS

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