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Prospect News home > News index > List of issuers F > Headlines for Ferrara Candy Co. Inc. > News item |
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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