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Published on 6/6/2011 in the Prospect News Bank Loan Daily.

WireCo WorldGroup plans to prepay term loan debt with notes proceeds

By Melissa Kory

Cleveland, June 6 - WireCo WorldGroup, Inc. announced that it intends to prepay a portion of its existing term loan with proceeds from its proposed offering of an additional $150 million of 9½% senior notes due in 2017.

WireCo is a Kansas City, Mo.-based manufacturer of high-quality wire rope, synthetic rope, electromechanical cable and highly engineered cable structure.


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