AOC readies launch of $350 million term loan for Tuesday

By Sara Rosenberg

New York, Jan. 23 – AOC LLC (LSF11 A5 HoldCo LLC) will hold a lender call at 10 a.m. ET on Tuesday to launch a non-fungible $350 million incremental term loan due October 2028 (B), according to a market source.

BofA Securities Inc. is the left lead arranger on the deal.

Proceeds will be used with cash on hand to fund a shareholder distribution.

AOC is a Schiphol, Netherlands-based producer of specialty resins.

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