ASK Chemicals refinances with €265 million term loan, revolver

By Marisa Wong

Los Angeles, Dec. 16 – ASK Chemicals Group announced it has signed definitive agreements to refinance its existing €190 million senior secured term loan and €25 million senior secured multicurrency revolver.

The new financing provides for a €225 million senior secured term loan and a €40 million senior secured multicurrency revolver.

Closing of the refinancing is expected to occur mid-January.

Goldman Sachs Bank Europe SE acted as mandated lead arranger and bookrunner on the financing.

ASK Chemicals is a Hilden, Germany-based global supplier of high-performance industrial resins and materials.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.