Chart Industries prepays $40 million of term loan debt

By Sara Rosenberg

New York, June 18 - Chart Industries Inc. prepaid $40 million of its senior secured term loan debt, according to a company news release.

The prepayment was made using $38.3 million of proceeds from the sale of common shares to cover over-allotments as part of its secondary stock offering completed on June 12 and from cash on hand.

Chart Industries is a Garfield Heights, Ohio-based manufacturer of hydrocarbon and industrial gases.

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