Koppers amends loan to extend maturity, add new term loan, up revolver size

By Sara Rosenberg

New York, Aug. 16 - Koppers Inc. amended its credit facility, extending the maturity to December 2009 from May 2007, providing for a new $10 million term loan and increasing the revolver size to $115 million from $100 million, according to an 8-K filed with the Securities and Exchange Commission Tuesday.

The amendment was completed on Monday.

PNC Bank is the agent on the deal.

Koppers is a Pittsburgh-based producer of carbon compounds and treated wood products.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.