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Prospect News home > News index > List of issuers G > Headlines for Global Brass & Copper Inc. > News item
Published on 5/16/2012 in the Prospect News Bank Loan Daily.

Global Brass & Copper to pay down term loan with $375 million proceeds

By Sara Rosenberg and Paul A. Harris

New York, May 16 - Global Brass & Copper Holdings Inc. plans to repay term loan debt with proceeds from a $375 million senior secured notes offering, according to a market source.

Remaining proceeds will be used to pay a dividend.

Global Brass & Copper is a Schaumburg, Ill.-based converter, fabricator, distributor and processor of specialized copper and brass products.


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