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Olin amends credit agreement, increases loan by $315 million
By Taylor Fox
New York, March 1 – Olin Corp. executed a third amendment to its existing credit agreement, which increases the term loan facility by $315 million, according to a news release.
The amendment also includes a delayed-draw feature and lowered the pricing tiers for borrowings.
Olin is a Clayton, Mo.-based manufacturer and distributor of chemical products and a manufacturer of ammunition.
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