U.S. Silica tenders for up to $50 million of term loan B at 99 price

By Sara Rosenberg

New York, June 20 – U.S. Silica Holdings Inc. is tendering for up to $50 million of its term loan B at a price of 99, according to a market source.

BNP Paribas Securities Corp. is the lead on the deal.

The tender offer expires at 5 p.m. ET on Friday, the source added.

Funds for the tender offer will come from cash on hand.

U.S. Silica is a Katy, Tex.-based industrial minerals and logistics company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.