Rohm wraps $462 million term loan B and €1 billion term loan B

By Sara Rosenberg

New York, March 28 – Rohm allocated on Thursday a $462 million term loan B due January 2029 and a €1.002 billion term loan B due January 2029, according to a market source.

Pricing on the U.S. term loan is SOFR plus 550 basis points cash margin and 25 bps PIK margin with a 0% floor and a par issue price, and pricing on the euro term loan is Euribor plus 500 bps cash margin and 25 bps PIK margin with a 0% floor and a par issue price, the source said.

The term loans have 101 soft call protection for one year and an exit fee of 50 bps, stepping up to 100 bps in July 2026 and 150 bps in July 2027.

Barclays is the sole physical bookrunner on the deal. Deutsche Bank Securities Inc., Goldman Sachs, BofA Securities Inc., RBC Capital Markets, HSBC Securities, NatWest and Helaba are passive bookrunners. Barclays is the agent.

Proceeds will be used to amend and extend Rohm’s existing U.S. and euro term loan Bs.

Advent is the sponsor.

Rohm GmbH is a provider of methacrylate solutions based in Darmstadt, Germany.

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