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Published on 4/29/2013 in the Prospect News Bank Loan Daily.

Safway Group to pay down term loan and ABL debt with notes proceeds

By Sara Rosenberg and Paul A. Harris

New York, April 29 - Safway Group Holding LLC plans on repaying its senior secured second-lien term loan in full and some of its ABL credit facility borrowings with proceeds from a $540 million senior secured second-lien notes offering, according to a market source.

Safway is a Waukesha, Wis.-based provider of scaffolding and access solutions for commercial construction, industrial and infrastructure applications.


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