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Prospect News home > News index > List of issuers R > Headlines for Rain Carbon Inc. > News item
Published on 11/27/2017 in the Prospect News Bank Loan Daily.

Rain Carbon plans €390 million term loan B, $150 million revolver

By Sara Rosenberg

New York, Nov. 27 – Rain Carbon Inc. plans on getting a new €390 million senior secured term loan B (BB) and a new $150 million undrawn senior secured revolving credit facility (BB), according to a news release.

Proceeds will be used with cash on hand to redeem Rain CII Carbon LLC’s outstanding 8¼% U.S. dollar-denominated senior secured notes due 2021 and 8½% euro-denominated senior secured notes due 2021.

Rain Carbon is a Stamford, Conn.-based producer of a diversified portfolio of carbon-based and chemical products.


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