Debt Refinancing

Industrial
Debt Refinancing

Summary

Baird served as a joint lead arranger on this transaction

About

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.
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Industrial
Debt Refinancing
Date
February 2017
Company
Milacron LLC
Transaction
M&A
Sectors
Industrial
Target Location
North America

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