Rexair seeks $50 million term loan add-on

By Sara Rosenberg

New York, July 28 - Rexair Inc. is in market with a $50 million add-on to its term loan B, according to a syndicate document.

Credit Suisse and Goldman Sachs are the lead banks on the incremental bank debt that launched this past Thursday.

The add-on is being talked at Libor plus 425 basis points.

Rexair is a Troy, Mich.-based manufacturer of the Rainbow vacuum cleaner system for the global direct sales market.

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