Rockwood launches term loan repricing

By Sara Rosenberg

New York, Nov. 30 - Rockwood Specialties Group Inc. will go out to lenders on Thursday with a term loan repricing amendment that would take the spread down to Libor plus 175 basis points from Libor plus 200 bps, and would add a step down to Libor plus 150 bps, according to a market source.

Credit Suisse First Boston and Goldman Sachs are the lead banks on the deal.

Rockwood is a Princeton, N.J., specialty chemicals and advanced materials company.

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