AHF Products to launch $215 million term loan on Wednesday

By Sara Rosenberg

New York, Jan. 18 – AHF Products LLC scheduled a lender call for 10 a.m. ET on Wednesday to launch its $215 million first-lien term loan (B2/B), according to a market source.

UBS Investment Bank, KeyBanc Capital Markets and Stifel are the joint lead arrangers on the deal.

The company is also getting a $50 million ABL revolving credit facility.

Proceeds will be used to help fund the buyout of the company by Paceline Equity Partners from American Industrial Partners.

Closing is expected this quarter.

AHF Products is a Mountville, Pa.-based manufacturer of hardwood and vinyl flooring.

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