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High Ridge Brands plans new debt financing for buyout by CD&R
By Sara Rosenberg
New York, May 17 – High Ridge Brands has received a commitment for debt financing to help fund its acquisition by Clayton, Dubilier & Rice from Brynwood Partners for about $415 million, according to a news release.
BMO Harris Bank, HSBC Bank USA, ING Capital LLC, Natixis, Bank of Ireland, Jefferies Finance LLC and Societe Generale provided the debt commitment.
Closing on the buyout is expected in June.
High Ridge Brands is a Stamford, Conn.-based personal care products company.
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