Commercial Vehicle Group Plans $150 Mln. Offering

Click here to write a Letter to the Editor.

ommercial Vehicle Group Inc. late Wednesday said it plans to raise $150 million through a private offering of senior notes due 2013.

The company said it intends to use the proceeds to repay borrowings from its senior credit facility and for general corporate purposes.

CVGI is a supplier of interior systems and other cab-related products for the commercial vehicle market. The company completed its initial public offering last August.