Globe Specialty Metals may pay down revolver with new issue proceeds

By Susanna Moon

Chicago, May 13 - Globe Specialty Metals, Inc. may refinance its revolving credit facility using proceeds of a private offering of notes, according to an 8-K filing with the Securities and Exchange Commission.

The company said it is considering the possibility of issuing the notes in a Rule 144A offering.

Proceeds also would be used for general corporate purposes, including acquisitions.

New York-based Globe produces silicon metal, foundry alloys and steelmaking alloys.

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