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6 months ago
BRIEF-Koppers announces proposed private offering of $400 mln senior notes
January 13, 2017 / 1:43 PM / 6 months ago

BRIEF-Koppers announces proposed private offering of $400 mln senior notes

1 Min Read

Jan 13 (Reuters) - Koppers Holdings Inc :

* Koppers Inc announces proposed private offering of $400 million senior notes due 2025 and expected new credit agreement

* Koppers Holdings -proceeds of this offering are intended to be used to repurchase any and all of Koppers Inc.'s outstanding $300 million senior notes due 2019

* Koppers Holdings Inc - offering through a private placement of $400 million aggregate principal amount of senior notes due 2025

* Koppers Holdings Inc - any excess proceeds will be used to repay outstanding debt under Koppers Inc's senior secured credit facilities

* Koppers Holdings says also announced today that Koppers Inc has commenced negotiations with a consortium of banks to enter into a new credit agreement Source text for Eikon: Further company coverage:

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