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DS Waters to launch $375 million credit facility on Wednesday
By Sara Rosenberg
New York, April 12 - DS Waters of America Inc. is scheduled to hold a bank meeting on Wednesday to launch its proposed $375 million credit facility, according to sources.
JPMorgan is the lead bank on the deal.
The facility consists of a $100 million revolver and a $275 million term loan, sources said.
Proceeds will be used to refinance existing debt.
DS Waters is an Atlanta-based home and office water delivery company.
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