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Published on 4/23/2018 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Foundation Building to redeem 8¼% notes with proceeds from term loan

By Sarah Lizee

Olympia, Wash., April 23 – Foundation Building Materials Holdings Co. LLC plans to redeem its 8¼% senior secured notes due 2021 using proceeds from a new $450 million seven-year term loan B, according to a market source.

Foundation Building is a Tustin, Calif.-based building material company.


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