KIK Custom Products to partially repay term loan B via note add-on

By Tali Rackner

Norfolk, Va., Feb. 9 – Kronos Acquisition Holdings Inc. (KIK Custom Products Inc.) plans to repay a portion of its existing $841 million term loan B due 2022 using the proceeds from a note add-on, according to a market source.

The company is issuing a $200 million add-on to its $655 million 9% senior unsecured notes due 2023.

KIK is a Toronto-based supplier of pool and spa treatment products and household and personal care products.

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