Dynacast to launch of $280 million add-on first-lien loan on Thursday

By Sara Rosenberg

New York, March 1 – Dynacast International will host a lenders’ presentation on Thursday to launch a $280 million add-on first-lien term loan, according to a market source.

J.P. Morgan Securities LLC, Barclays and Macquarie Capital (USA) Inc. are the leads on the deal.

Proceeds will be used to help fund the acquisition of Signicast LLC.

Closing is expected late this month, subject to regulatory approvals and customary conditions.

Dynacast is a Charlotte, N.C.-based manufacturer of precision engineered metal components. Signicast is a Hartford, Wis.-based manufacturer of precision investment cast parts.

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