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Ilpea Industries to launch $220 million term loan B on Thursday
By Sara Rosenberg
New York, May 26 – Ilpea Industries Inc. is scheduled to hold a lender call on Thursday to launch a $220 million term loan B, according to a market source.
PNC Bank is the lead on the deal.
Proceeds will be used to refinance existing debt and fund a dividend.
Ilpea is a Scottsburg, Ind.-based producer of custom plastic extrusions for the appliance and construction industries.
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