Osmose Holdings plans to launch term loan repricing on Monday

By Sara Rosenberg

New York, April 12 - Osmose Holdings Inc. is expected to launch a Monday a repricing of its term loan debt, according to market sources.

Credit Suisse Securities (USA) LLC is the lead bank on the deal.

When done late in 2012, the term loan was priced at Libor plus 550 basis points with a 1.25% Libor floor.

Osmose is a Buffalo, N.Y.-based provider of wood preservation technology as well as utility and railroad asset management.

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