Gemini HDPE readies launch of $406 million term loan B for Tuesday

By Sara Rosenberg

New York, Nov. 27 – Gemini HDPE LLC will hold a lender call at 10 a.m. ET on Tuesday to launch a $406 million seven-year senior secured term loan B, according to a market source.

Barclays is the bookrunner on the deal.

Proceeds will be used to amend an existing term loan B.

Gemini HDPE is a bimodal, high-density polyethylene plant in Texas.

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