Acco Brands may pay 11.25% yield on '15 notes
Linconshire-based Acco Brands Corp., maker of Swingline staplers, may pay a yield of 11 percent to 11.25 percent on its notes due in 2015, according to a person familiar with the offering.
The company plans to sell $425 million of senior secured notes, according to a Sept. 14 statement.
The notes are expected to price Monday, Sept. 18, said the person, who declined to be identified because terms aren't set.
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.