VanDeMark gets new debt financing with investment by SK Capital

By Sara Rosenberg

New York, Sept. 14 – VanDeMark Chemical completed new debt financing to support an investment by SK Capital Partners, according to a news release.

CIT acted the lead arranger on the debt. HSBC, Siemens and Israel Discount Bank also participated in the club financing.

As part of the transaction, Comvest will remain a co-owner in the company.

VanDeMark is a Lockport, N.Y.-based producer of high-end specialty chemical intermediates and derivatives for a diverse set of end markets including life sciences, electronics, polymers, coatings, personal care and flavor and fragrances.

© 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.