Rohm Holding firms €977 million term loan B at par issue price

By Sara Rosenberg

New York, April 19 – Rohm Holding GmbH finalized the issue price on its €977 million term loan B due July 31, 2026 at par, the tight end of the 99.75 to par talk, according to a market source.

Pricing on the term loan remained at Euribor plus 450 basis points with a 0% floor.

The term loan has 101 soft call protection for six months.

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

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

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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