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Chemours to launch U.S. and euro term loan B’s on Monday morning
By Sara Rosenberg
New York, March 17 – Chemours Co. is scheduled to hold a lender call at 10 a.m. ET on Monday to launch a $1,022,000,000 term loan B due May 12, 2022 and a new $350 million-equivalent euro term loan B due May 12, 2022, according to a market source.
Barclays and J.P. Morgan Securities LLC are the joint lead arrangers on the deal.
Proceeds will be used to reprice/refinance an existing term loan B due 2022 and to pay related fees and expenses.
Commitments are due at noon ET on March 28, the source added.
Chemours is a Wilmington, Del.-based provider of performance chemicals.
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