Merisant launches $85 million term loan B add-on

By Sara Rosenberg

New York, April 16 - Merisant Co. has begun marketing an $85 million term loan B add-on, according to a company news release.

Credit Suisse is the lead arranger and bookrunner on the deal.

Proceeds from the add-on will be used to prepay all outstanding obligations under the company's second-lien loan.

In addition, the company plans to amend and restate its existing senior credit facility to provide more flexibility to continue to stabilize and then grow its business and to strengthen its balance sheet.

Merisant is a Chicago-based marketer of low-calorie tabletop sweeteners.

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