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Milacron repays another $52 million on its senior secured term loan
By Rebecca Melvin
New York, July 3 – Milacron Holdings Corp. paid down another $52 million on its senior secured term loan on Wednesday, according to an 8-K filing with the Securities and Exchange Commission.
The latest paydown on the facility due Sept. 28, 2023 is the second payment made in 2018, the filing noted.
As previously reported, the company repaid $10 million on the term loan in January.
The borrower is a Cincinnati-based provider of plastics processing technologies and industrial fluids.
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