Merisant to launch $320 million credit facility Tuesday

By Sara Rosenberg

New York, June 12 - Merisant Co. is scheduled to launch a $320 million credit facility on Tuesday. Credit Suisse First Boston is the lead arranger on the deal.

The facility consists of a $40 million 5 1/2-year revolver, a €40 million 51/2-year term loan A and a $240 million 61/2-year term loan B. Interest rates on the tranches are still to be determined.

The credit facility is being obtained as part of the Chicago tabletop sweetener company's recapitalization plan.

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