Koppers fully repays term loan via note proceeds, revolver borrowings

By Wendy Van Sickle

Columbus, Ohio, Jan. 25 – Koppers Inc. fully repaid its existing term loan with proceeds of a $500 million issue of eight-year senior notes and additional borrowings under its revolving credit facility, according to a press release.

The company settled the new issue of 6% notes due Feb. 15, 2025 on Wednesday.

Koppers is a Pittsburgh-based integrated producer of carbon compounds, chemicals and treated wood products and services.

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