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AmerCable to launch $150 million credit facility on Thursday
By Sara Rosenberg
New York, June 26 - AmerCable Inc. is scheduled to hold a bank meeting on Thursday to launch its proposed $150 million credit facility, according to a market source.
Deutsche Bank is the lead arranger and bookrunner on the deal.
The facility consists of a $15 million revolver and a $135 million term loan B, the source said.
AmerCable is an El Dorado, Ariz., manufacturer of flexible electrical power and control cables for harsh operating environments.
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