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U.S. Silica tenders for up to $50 million of term loan B at 99 price
By Sara Rosenberg
New York, June 20 – U.S. Silica Holdings Inc. is tendering for up to $50 million of its term loan B at a price of 99, according to a market source.
BNP Paribas Securities Corp. is the lead on the deal.
The tender offer expires at 5 p.m. ET on Friday, the source added.
Funds for the tender offer will come from cash on hand.
U.S. Silica is a Katy, Tex.-based industrial minerals and logistics company.
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