Acco Brands Taps Vedder Price For $425M Offering

Law360, New York (September 14, 2009, 4:34 PM EDT) -- Office supply maker Acco Brands Corp. plans to conduct a private offering of $425 million of senior secured notes due 2015 to pay off its current credit and securitization facilities, the company said Monday.

The notes will be offered to institutional investors for a sale that Acco said it expected to complete by the end of September.

Along with the sale of the notes, Acco intends to enter into a new asset-based multicurrency credit facility, the company said.

Acco plans to repay and terminate its current...
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