Unifrax readies launch of $150 million term loan add-on for Monday

By Sara Rosenberg

New York, July 27 - Unifrax I LLC is set to hold a bank meeting in New York on Monday afternoon to launch a proposed $150 million term loan add-on, according to a market source.

Wells Fargo Securities LLC is the lead bank on the deal.

Proceeds will be used to fund an acquisition.

Unifrax is a Niagara Falls, N.Y.-based supplier of high temperature insulation products.

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