Wastequip to get new credit facility via CSFB

By Sara Rosenberg

New York, June 24 - Wastequip Inc. intends to obtain a new credit facility to help fund its leveraged buyout by DLJ Merchant Banking Partners from CIVC Partners, according to a syndicate document.

Credit Suisse First Boston is the sole lead arranger on the deal.

All other details on the loan package, including timing and structure, are still to be determined, the document said.

Wastequip is a Beachwood, Ohio, designer, manufacturer and marketer of equipment used to collect, process and transport solid and liquid waste materials.

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