New Issue-Viking Acquisition sells $275 mln notes

Oct 29 (BestGrowthStock) – Viking Acquisition Inc (Global
AutoCare) on Friday sold $275 million of senior notes in the
144a private placement market, said IFR, a Thomson Reuters
service.

The size of the deal was increased from an originally
planned $250 million.

JP Morgan and RBC were the joint bookrunning managers for
the sale.
BORROWER: VIKING ACQUISITION INC (GLOBAL AUTOCARE)
AMT $275 MLN COUPON 9.25 PCT MATURITY 11/01/2018
TYPE SR NTS ISS PRICE 100.00 FIRST PAY 5/01/2011
MOODY’S Caa1 YIELD 9.25 PCT SETTLEMENT 11/05/2010
S&P CCC-PLUS SPREAD 706 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YRS*
*MAKE-WHOLE CALL 50 BPS

New Issue-Viking Acquisition sells $275 mln notes