E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/29/2003 in the Prospect News Bank Loan Daily.

JLG Industries to repay revolver debt with some proceeds from $125 million note sale

By Sara Rosenberg

New York, April 29 - JLG Industries plans to repay outstanding debt under its $250 million revolver with proceeds from a $125 million private offering of senior notes.

Proceeds from the note sale will also be used for general corporate purposes, according to a news release.

JLG Industries is a McConnellsburg, Pa. producer of mobile aerial work platforms and a producer of telescopic material handlers and telescopic hydraulic excavators.

Sybron Dental pays down $17.4 million of bank debt in quarter

New York, April 29 - Sybron Dental Specialties Inc. paid down $17.4 million of outstanding debt under its credit facility during the fiscal second quarter, according to a filing with the Securities and Exchange Commission.

As of March 31, the company had approximately $313.6 million of total outstanding debt.

Sybron Dental Specialties is an Orange, Calif. manufacturer of orthodontic equipment, dental supplies and related equipment.


© 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.