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Prospect News home > News index > List of issuers Paydowns > Headlines for Altisource Portfolio Solutions SA > News item
Published on 7/24/2014 in the Prospect News Bank Loan Daily.

Polymer Group borrows $68 million of delayed-draw term loans

By Tali Rackner

Norfolk, Va., July 24 – Polymer Group, Inc. borrowed $68 million of delayed-draw term loans on Wednesday with Citicorp NA, Inc. as agent, according to an 8-K filing with the Securities and Exchange Commission.

Proceeds were used to repay existing debt.

Polymer Group is a Charlotte, N.C.-based producer of engineered materials with a focus on nonwoven products.


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