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Atotech to launch $1.35 billion, €200 million term loans on Monday
By Sara Rosenberg
New York, Feb. 25 – Atotech Ltd. is scheduled to hold a lender call at 10 a.m. ET on Monday to launch a $1.35 billion first-lien term loan B and a €200 million first-lien term loan B, according to a market source.
Goldman Sachs Bank USA, J.P. Morgan Securities LLC, Barclays, Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., Unicredit, Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Standard Chartered and TCG are the arrangers on the deal.
Proceeds will be used to refinance an existing revolver and term loan B, add cash to balance sheet and pay related fees and expenses.
Atotech is a Berlin-based specialty chemicals technology company.
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