MW Industries to launch new credit facility on Thursday afternoon

By Sara Rosenberg

New York, June 8 – MW Industries is scheduled to hold a bank meeting at 2:30 p.m. ET in New York on Thursday to launch a new senior secured credit facility, according to a market source.

UBS Investment Bank and Credit Suisse Securities (USA) LLC are the lead banks on the deal.

Proceeds will be used to refinance existing debt, the source said.

MW Industries, owned by Genstar Capital, is a Logansport, Ind.-based manufacturer of highly engineered springs and fasteners for OEMs and MROs.

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