GrafTech to repay portion of term loans with note proceeds

By Taylor Fox

New York, Dec. 7 – GrafTech International Ltd. plans to repay a portion of its secured term loans outstanding under its existing credit agreement, according to a news release.

The repayment will be funded using proceeds from its $500 million offering of senior notes.

GrafTech is a Parma, Ohio-based producer of graphite electrode products essential to the production of electric arc furnace steel and metals.

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