E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/17/2017 in the Prospect News Bank Loan Daily.

Unifrax to launch $660 million-equivalent in term loans on Tuesday

By Sara Rosenberg

New York, March 17 – Unifrax will hold a lender call at 11 a.m. ET on Tuesday to launch a $460 million U.S. senior secured term loan B and a $200 million-equivalent euro senior secured term loan B, according to a market source.

Goldman Sachs Bank USA is the left lead on the deal.

Proceeds will be used to refinance existing debt, the source said.

Unifrax is a Tonawanda, N.Y.-based specialty materials platform focused on providing innovative thermal management, filtration and energy solutions for a variety of end markets and applications.


© 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.