Acco Brands plans to sell $425 million six-year senior secured notes

By Paul A. Harris

St. Louis, Sept. 14 - Acco Brands Corp. announced on Monday that it plans to sell $425 million of six-year senior secured notes.

Proceeds, along with proceeds from a new $175 million asset-based credit facility, will be used to repay all borrowings outstanding under the company's existing credit and securitization facilities.

The prospective issuer is a Lincolnshire, Ill.-based provider of traditional and computer-related office products and supplies.

© 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.