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Published on 3/9/2015 in the Prospect News Bank Loan Daily.

Ferrara Candy to launch $40 million add-on term loan on Tuesday

By Sara Rosenberg

New York, March 9 – Ferrara Candy Co. is set to hold a lender call at noon ET on Tuesday to launch a $40 million add-on first-lien term loan, according to a market source.

Morgan Stanley Senior Funding Inc. is the lead arranger and bookrunner on the deal.

Proceeds will be used to pay down ABL borrowings.

Ferrara Candy is a confectionery and candy manufacturer.


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