RathGibson amends revolver, increasing size to $80 million

By Sara Rosenberg

New York, June 21 - RathGibson Inc. amended its senior secured revolving credit facility, increasing the size to $80 million from $60 million, according to an 8-K filed with the Securities and Exchange Commission Thursday.

General Electric Capital Corp. is the lead bank on the revolver.

The amendment was done in connection with the company's buyout by DLJ Merchant Banking Partners from Castle Harlan, Inc. for about $440 million.

RathGibson is a Janesville, Wis., specialty manufacturer of highly engineered premium stainless steel and alloy welded tubular products.

© 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.