E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers K > Headlines for Koppers Industries Inc. > News item
Published on 3/24/2003 in the Prospect News Bank Loan Daily.

Koppers Industries to launch $175 million facility Thursday via PNC, NatCity

By Paul A. Harris

St. Louis, March 24 - A bank meeting is set for Thursday for Koppers Industries Inc.'s new $175 million credit facility, according to an informed source.

PNC and NatCity Investments will lead the deal, the source added.

The Pittsburgh firm, which makes carbon-compound products, will take out a $100 million revolver at Libor plus 200 basis points and a $75 million four-year term loan at Libor plus 250 basis points.


© 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.