Unifrax to launch $120 million incremental term loan B on Tuesday

By Sara Rosenberg

New York, June 3 – Unifrax (ASP Unifrax Holdings Inc.) is scheduled to hold a lender call at 4 p.m. ET on Tuesday to launch a $120 million incremental term loan B, according to a market source.

Morgan Stanley Senior Funding Inc. and Stifel, Nicolaus & Co. are the leads on the deal.

Proceeds will be used to fund an acquisition.

Unifrax is a Tonawanda, N.Y.-based supplier of high-performance specialty fibers and inorganic materials used in emission control, thermal management, filtration, battery and fire protection applications.

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