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OCI Beaumont launches $360 million six-year term loan to investors
By Sara Rosenberg
New York, Aug. 1 - OCI Beaumont LLC held a bank meeting on Thursday to launch a $360 million six-year term loan, according to sources.
Bank of America Merrill Lynch, Barclays and Citigroup Global Markets Inc. are the lead banks on the deal.
Proceeds will be used to refinance existing debt.
OCI Beaumont is an ammonia and methanol production complex in Beaumont, Texas.
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