U.S. Silica makes $100 million term loan repayment with excess cash

By Marisa Wong

Los Angeles, July 12 – U.S. Silica Holdings, Inc. announced it completed a $100 million voluntary term loan principal repayment.

The debt was retired at a discount to par using excess cash on hand, according to a press release.

U.S. Silica is a Katy, Tex.-based diversified industrial minerals company that produces commercial silica used in the oil and gas industry.

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