Accuride to launch $90 million incremental term loan B on Wednesday

By Sara Rosenberg

New York, Oct. 20 – Accuride Corp. will hold a bank meeting on Wednesday to launch a fungible $90 million incremental term loan B, according to a market source.

RBC Capital Markets is the lead bank on the debt.

Proceeds will be used to fund an acquisition.

The company currently has a $273 million term loan B outstanding.

Accuride is an Evansville, Ind.-based supplier of components to the commercial vehicle industries.

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