Associated Materials to fund its $1.3 billion buyout with new facility

By Angela McDaniels

Tacoma, Wash., Sept. 8 - Associated Materials, LLC has received debt commitments from Deutsche Bank Securities Inc. and UBS Investment Bank to finance the planned acquisition of the company by Hellman & Friedman LLC, according to a company news release.

The transaction is valued at approximately $1.3 billion and is expected to close in the fourth quarter.

Associated Materials makes exterior residential building products and is based in Cuyahoga Falls, Ohio. The company is majority owned by affiliates of Investcorp and Harvest Partners.

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