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BRIEF-Ashland Global says entered into amendment no. 2 to credit agreement
June 14, 2017 / 8:32 PM / 3 months ago

BRIEF-Ashland Global says entered into amendment no. 2 to credit agreement

June 14 (Reuters) - Ashland Global Holdings Inc:

* Ashland Global Holdings Inc - on june 14, unit entered into amendment no. 2 to credit agreement, dated as of may 17, 2017 - sec filing

* Ashland Global Holdings - amendment provides for a new $600 million seven-year senior secured term loan b facility under credit agreement

* Ashland Global Holdings-in connection with tlb facility, issued notice of redemption in respect of all its outstanding 3.875 pct senior notes due 2018

* Ashland Global Holdings - proceeds of borrowings under tlb facility, together with cash on hand, will be used to pay for redemption

* Ashland Global Holdings - redemption of outstanding 3.875 pct senior notes due 2018 scheduled to occur on june 26, 2017

* Ashland Global Holdings-loans issued under tlb facility to bear interest at either libor plus 2.00 pct per annum or alternate base rate plus 1.00 pct/annum Source text - bit.ly/2sbUSwn Further company coverage:

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