New Issue-Easton-Bell Sports sells $350 mln in notes

Fri Nov 20, 2009 3:19pm EST 

  Nov 20 (Reuters) - Easton-Bell Sports Inc on Friday sold
$350 million of senior secured notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
  The size of the deal was increased from an originally
planned $325 million.
  JP Morgan and Wells Fargo Securities were the joint
bookrunning managers for the sale.
BORROWER: EASTON-BELL SPORTS INC
AMT $350 MLN      COUPON 9.75 PCT     MATURITY 12/1/2016 
TYPE SR SEC NTS   ISS PRICE 98.765    FIRST PAY 6/1/2010 
MOODY'S B3        YIELD 10.00 PCT     SETTLEMENT 12/03/2009
S&P CCC-PLUS      SPREAD 717 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 3 YRS 
*MAKE-WHOLE CALL 50 BPS
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