American Commercial Lines LLC Announces Private Offering of $200 Million of Notes

American Commercial Lines LLC Announces Private Offering of $200
Million of Notes 


JEFFERSONVILLE, In., Jan. 26  /PRNewswire-FirstCall/ -- American Commercial
Lines LLC (the "Company"), announced that it intends to offer, subject to
market and other conditions, $200 million aggregate principal amount of senior
notes due 2015 in a private offering.

The Company intends to use the net proceeds of the offering, together with
borrowings under a new $225 million asset based credit facility, to (i) repay
any borrowings under and terminate its existing $35 million asset based
revolving credit facility, (ii) repay its $225 million principal amount senior
secured term loan, including accrued interest, (iii) repay its $140 million
junior secured term loan (as of January 26, 2005), including accrued interest,
and (iv) pay fees and expenses in connection with the offering of the notes and
the new credit facility.

The notes have not been registered under the Securities Act of 1933, as
amended, or applicable state securities laws, and will be offered only to
qualified institutional buyers in reliance on Rule 144A and in offshore
transactions pursuant to Regulation S under the Securities Act of 1933, as
amended.  Unless so registered, the notes may not be offered or sold in the
United States except pursuant to an exemption from the registration
requirements of the Securities Act and applicable state securities laws.

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy these securities, nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such state. 

DATASOURCE: American Commercial Lines LLC



CONTACT:  Investor Relations, [phone]



Web site:  http://www.aclines.com/ 

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