Zekelman to launch $916 million term loan repricing on Tuesday

By Sara Rosenberg

New York, July 28 – Zekelman Industries is scheduled to hold a lender call at 3 p.m. ET on Tuesday to launch a repricing of its existing $916 million first-lien term loan, according to a market source.

Goldman Sachs Bank USA is the lead bank on the deal.

The soft call protection on the existing term loan rolls off on Aug. 9, the source said.

Zekelman Industries, formerly known as JMC Steel, is a Chicago-based manufacturer of industrial steel pipe and tubular products.

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