Koppers amends credit facility, pushing out maturity to March 2015

By Sara Rosenberg

New York, March 28 - Koppers Inc. amended its $300 million revolving credit facility, extending the maturity to March 22, 2015 from Oct. 31, 2013, according to a news release.

Pricing on the revolver is Libor plus 225 basis points.

PNC Bank acted as the lead bank on the deal, and RBS Citizens Bank and Bank of America acted as joint bookrunners.

Koppers is Pittsburgh-based producer of carbon compounds and treated wood products.

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