The Deal: Bankrate Sets Talk for $300M Notes Offering
Goldman Sachs (GS) and are marketing the deal. Books will close Friday morning with pricing expected later in the day. Bankrate issued the notes in 2010 to help finance the acquisitions of online insurance information provider NetQuote and online credit card marketplace CreditCards.com, according to Moody's.
Apax Partners bought out the company in 2009 for $571 million and took the company back public in 2011. It still owns 53.8% of the company through its company Ben Holding Sarl, according to an SEC filing. Written by The Deal staff.
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