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Accellent in-market with $193 million term loan B repricing
By Sara Rosenberg
New York, March 17 - Accellent Inc., formerly known as UTI Corp., is in-market with a repricing of its $193 million six-year term loan B at Libor plus 225 basis points, according to a syndicate document.
Credit Suisse First Boston and Wachovia are joint lead arrangers on the deal.
The deal launched via a conference call on Tuesday.
Accellent is a Collegeville, Pa., provider of metal and plastic components, assemblies and finished devices to medical device manufacturers.
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