Sequa gets $93.6 million amended and restated credit facility

By Sara Rosenberg

New York, June 25 - Sequa Corp. closed on a $93.6 million amended and restated credit facility, according to an 8-K filed with the Securities and Exchange Commission Monday.

HSBC acted as the lead arranger on the deal.

The facility consists of a $48.6 million multicurrency term loan and a $45 million multicurrency revolver.

The facility, which was completed on June, 20, replaces the company's previous $185 million credit facility.

Sequa is a New York-based diversified industrial company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.