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Published on 5/26/2021 in the Prospect News Bank Loan Daily.

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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