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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.
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