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ABB Optical sets Tuesday lender call for $48 million incremental loan
By Paul A. Harris
Portland, Ore., Oct. 24 – ABB Optical Group plans to launch a $48 million senior secured incremental first-lien term loan B on a lender call scheduled for 1 p.m. ET on Tuesday, according to a market source.
Morgan Stanley Senior Funding, Inc. is the arranger.
The Coral Springs, Fla. optical distributor plans to use the proceeds to finance an acquisition.
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