Roseburg Forest Products $375 million loan to launch in December

By Sara Rosenberg

New York, Nov. 5 - Roseburg Forest Products Co. is expected to launch a $375 million credit facility in December, according to a market source. Credit Suisse First Boston will be leading the term loan portion of the deal, while Farm Credit and US Bank will be co-leading the revolver, a company spokesman told Prospect News.

The facility consists of a $150 million term loan B and a $225 million revolver, the spokesman said, adding that initial interest rates were not available at this time.

Proceeds will be used to refinance an existing credit facility.

Roseburg is a Roseburg, Ore. producer and supplier of wood products.

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