Caraustar amends to gain time to advise lenders on notes refinancing

By Sara Rosenberg

New York, May 15 - Caraustar Industries Inc. amended its credit facility on Friday, extending until June 1 the deadline on which lenders must be advised on how it will defease or refinance its senior notes due that day, according to a news release.

The amendment was completed on May 15.

Bank of America is the lead bank on the deal.

Caraustar is an Austell, Ga.-based manufacturer of recycled paperboard and converted paperboard products.

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