Azelis Finance to launch U.S. and euro term loan B repricing on Monday

By Sara Rosenberg

New York, Oct. 21 – Azelis Finance SA is scheduled to hold a lender call at 10:30 a.m. ET on Monday to launch a repricing of its $322,562,500 senior secured term loan B and its €168,227,506 senior secured term loan B, according to a market source.

Morgan Stanley Senior Funding Inc. is the lead bank on the deal.

Current pricing on the term loan B debt is Libor/Euribor plus 550 basis points with a 1% floor.

Azelis is an Antwerp, Belgium-based pure-play specialty chemical distributor.

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