TPC Group to repay asset-based revolver with note offering proceeds

By Tali Rackner

Norfolk, Va., Oct. 20 – TPC Group Inc. intends to repay borrowings outstanding under its senior secured asset-based revolving credit facility with the proceeds from a new senior notes offering, according to a press release.

TPC Group is a Houston-based processor and service provider of value-added products derived from niche petrochemical raw materials.

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