Guitar Center pulls $750M notes sale

Guitar Center Inc., the largest U.S. musical instrument retailer, pulled its sale of $750 million of notes last Tuesday, according to KDP Investment Advisors Inc. Guitar Center had planned to sell equal amounts of eight-year senior notes and 8.5-year pay-in-kind holding company notes to finance its leveraged buyout by Bain Capital Partners LLC. The offering…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -