Rohm Holding to launch €977 million term loan B on Thursday

By Sara Rosenberg

New York, April 7 – Rohm Holding GmbH is set to hold a lender meeting at 8:30 a.m. ET on Thursday to launch a €977 million term loan B due July 31, 2026, according to a market source.

Barclays is the sole physical bookrunner and administrative agent on the deal and a joint bookrunner with Deutsche Bank Securities Inc.

Price talk on the term loan is Euribor plus 450 basis points with a 0% floor and an original issue discount of 99.75 to par, the source said.

Proceeds will be used to refinance an existing euro term loan B due 2026.

Commitments are due at 7 a.m. ET on April 16, the source added.

Rohm is a provider of methacrylate solutions to a variety of end markets, including paints and coatings, construction, automotive and health care. The company is based in Germany.

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