CeramTec cuts pricing on €291 million of term loans to 325 bps spread

By Susanna Moon

Chicago, May 4 – CeramTec said it reduced pricing of €291 million term loans at Euribor plus 325 basis points, in line with its $472.5 million of term loans.

Pricing was revised from Euribor plus 375 bps, with the 1% Euribor and Libor floor on the term loans unchanged, according to a company notice.

CeramTec is a Plochingen, Germany-based producer of high-performance advanced ceramics materials and products.

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