February 1, 2010 (FinancialWire) — Coleman Cable, Inc. (NASDAQ: CCIX) has priced a private placement offering of $235 million aggregate principal amount of senior notes due 2018.

The notes will mature on February 15, 2018 and interest on the notes will accrue and be payable semi-annually on each February 15 and August 15, commencing August 15, 2010. Interest will accrue at a rate of 9% per annum. The notes will yield gross proceeds to Coleman Cable of approximately $231.7 million and will be used to refinance Coleman Cable’s 9.875% senior notes due 2012.

Coleman Cable, Inc. is a leading manufacturer and innovator of electrical and electronic wire and cable products for the security, sound, telecommunications, electrical, commercial, industrial, and automotive industries.

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