Global Brass and Copper to launch $320 million term loan B on Thursday

By Sara Rosenberg

New York, June 15 – Global Brass and Copper Holdings Inc. is set to hold a lender call on Thursday to launch a $320 million term loan B, according to a market source.

J.P. Morgan Securities LLC is the lead bank on the deal.

Proceeds will be used to refinance existing notes.

Global Brass is a Schaumburg, Ill.-based converter, fabricator, processor and distributor of specialized non-ferrous products.

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