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 11/15/2019 in the Prospect News Bank Loan Daily.

Element Solutions to launch $744.4 million term loan B on Monday

By Sara Rosenberg

New York, Nov. 15 – Element Solutions Inc. is set to hold a lender call on Monday to launch a $744.4 million first-lien term loan B due Jan. 31, 2026, according to a market source.

Barclays and Credit Suisse Securities (USA) LLC are the bookrunners on the deal. Barclays is the administrative agent.

Proceeds will be used to refinance/reprice an existing term loan B.

Commitments are due at noon ET on Nov. 22, the source added.

Element Solutions is a Fort Lauderdale, Fla.-based provider of specialty chemical solutions.


© 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.