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SeaStar readies launch of $70 million add-on term loan B for Friday
By Sara Rosenberg
New York, May 11 – SeaStar Solutions is scheduled to hold a lender call on Friday to launch a $70 million add-on term loan B, according to a market source.
RBC Capital Markets is the left lead bank on the deal.
Proceeds will be used for acquisition financing.
SeaStar is a Litchfield, Ill.-based manufacturer and distributor of marine steering and control systems and engine and drive parts.
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