Avantor readies launch of $1.35 billion term loan B for Friday

By Sara Rosenberg

New York, Oct. 22– Avantor is set to hold a lender call at 11 a.m. ET on Friday to launch a $1.35 billion term loan B, according to a market source.

Goldman Sachs Bank USA and Citigroup Global Markets Inc. are the leads on the deal.

Proceeds will be used with $650 million equivalent of other euro secured debt to refinance the company’s existing U.S. and euro secured notes.

Avantor is a Radnor, Pa.-based provider of mission critical products and services to customers in the life sciences, advanced technologies and applied materials industries.

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