Harsco readies launch of $500 million term loan B for Thursday

By Sara Rosenberg

New York, Feb. 24 – Harsco Corp. is scheduled to hold a lender call at 1 p.m. ET on Thursday to launch a $500 million first-lien term loan B, according to a market source.

Goldman Sachs Bank USA, Citigroup Global Markets Inc., BMO Capital Markets, BofA Securities Inc., HSBC Securities (USA) Inc., RBC Capital Markets, PNC Bank and Fifth Third are the lead arrangers on the deal.

Proceeds will be used to refinance the company’s existing term loan A and term loan B.

Harsco is a Camp Hill, Pa.-based industrial company providing engineered products and industrial services to the steel, rail and energy industries.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.