Ducommun US$140m senior secured term loan A
- Issuer or borrower
- Ducommun
- Date
- 20 Dec 2019
- Amount
- US$140m
- Type
- Bank facility
- Structure
- Incremental senior secured term loan A; US$100m revolving facility extended to December 2024; Bank of America administrative agent
- Pricing
- LIBOR + 2.00% initially, on a leverage grid
- Maturity
- 2024-12-20
- Purpose
- Repay revolving credit borrowings and part of the existing term loan
- Lenders and arrangers
- Bank of America (administrative agent) and bank group
- Country
- United States
Sources
- Ducommun Form 8-K: incremental term loan and credit extension sec.gov · 20 Dec 2019
Checked against the documents above. Record DEF-2019-0012.