Ducommun draws $30.5 million from revolver to finance acquisition

By Tali Rackner

Minneapolis, April 23 – Ducommun Inc. drew $30.5 million from its revolving credit facility to fund its acquisition of Certified Thermoplastics Co., LLC, according to an 8-K filing with the Securities and Exchange Commission.

Following the draw, there was about $116 million available under the revolver.

Bank of America, NA is the administrative agent and swingline lender on the facility.

Los Angeles-based Ducommun provides engineering and manufacturing services to the aerospace, defense and other industries. Certified Thermoplastics is a Santa Clarita, Calif.-based company that provides extrusions and extruded assemblies to the aviation and aerospace, medical, lighting, energy and communications industries.

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