UPDATE 1-CommScope sees FY sales above Wall Street view
* Sees 2010 sales $3.16-$3.19 bln vs est $3.15 bln
* Sees 2010 adj operating income of $355-$368 mln
Jan 4 (Reuters) - Communications cable maker CommScope Inc CTV.N, which is being bought by private equity firm Carlyle Group [CYL.UL], forecast 2010 net sales above market estimates, and said it will raise $1.5 billion through a notes offering.
CommScope expects its 2010 net sales to be $3.16-$3.19 billion, while analysts on average estimated $3.15 billion, according to Thomson Reuters I/B/E/S.
The company also said it expects 2010 adjusted operating income was in the range of $355-$368 million.
CommScope said it plans to raise $1.5 billion through a senior notes offering and will use the proceeds to finance in part the cash consideration to be paid in the proposed $2.9 billion deal with Carlyle.
Last October, Carlyle agreed to buy CommScope for $31.50 a share in cash.
Shares of CommScope closed at $31.29 Monday on New York Stock Exchange. (Reporting by Jennifer Robin Raj in Bangalore; Editing by Don Sebastian)
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