KIK Custom Products to launch new credit facility Wednesday

By Sara Rosenberg

New York, April 30 - KIK Custom Products is scheduled to hold a bank meeting on Wednesday to launch a new credit facility, according to a market source.

JPMorgan, Credit Suisse and UBS are the lead banks on the deal.

Proceeds will be used to help fund Caxton-Iseman Capital, Inc.'s acquisition of KCP Income Fund for C$804 million.

Concord, Ont.-based KCP, through its operating subsidiaries KIK Holdco Co. and KIK Operating Partnership, is a manufacturer of consumer products in the laundry, household cleaners, personal care, over-the-counter medicated and pharmaceutical categories.

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