Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
Baird served as a joint lead arranger on this transaction
Milacron LLC (“Milacron” or the “Company”) (NYSE: MCRN), a portfolio company of CCMP Capital Advisors, LLC (“CCMP”), recently completed the offering of a fungible $465,000,000 incremental borrowing under its existing Term B Loan facility. Proceeds from the offering were used to refinance the Company’s existing $464,000,000 Senior Unsecured Notes. As part of the transaction, the maturity was extended and the pricing was reduced for the existing Term B Loan facility.
Milacron is a global leader in the manufacture, distribution and service of highly engineered and customized systems used in the $27 billion plastic technology and processing industry. It is the only global company with a full-line product portfolio that includes hot runner systems, injection molding, blow molding and extrusion equipment. The Company was founded in 1860 and is headquartered in Cincinnati, Ohio.
For additional information about this transaction, please contact: