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Published on 6/5/2023 in the Prospect News Bank Loan Daily.

Axilone to launch minimum €313.6 million term loan B on Tuesday

By Sara Rosenberg

New York, June 5 – Axilone (CCP Lux Holding Sarl) is scheduled to hold a lender call on Tuesday to launch a minimum €313.6 million term loan B due January 2028, according to a market source.

RBC Capital Markets is the left lead arranger on the deal and the administrative agent.

Commitments are due at 7 a.m. ET on June 15, the source added.

Proceeds will be used to amend and extend an existing €313.6 million term loan B due 2025.

The company is also looking to amend and extend its existing $44.6 million term loan B to 2028 from 2025, but the extended U.S. tranche is not being launched to the broad market, the source added.

Trustar is the sponsor.

Axilone is a Paris-based packaging specialist for the cosmetics, fragrance and skin care segments.


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