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Published on 8/4/2016 in the Prospect News Bank Loan Daily.

Orion Engineered makes €20 million voluntary debt payment during July

By Tali Rackner

Norfolk, Va., Aug. 4– Orion Engineered Carbons SA said it made a voluntary repayment of €20 million of its debt during the month of July, according to a filing with the Securities and Exchange Commission.

From December 2015 to July, the company said it has voluntarily repaid €90 million of debt, demonstrating its intention to use available cash to reduce leverage.

Orion Engineered Carbons is a Frankfurt, Germany-based supplier of carbon black.


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