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BRIEF-Ashland LLC unit of Ashland Global Holdings entered into credit agreement with lenders
May 18, 2017 / 4:48 PM / 2 months ago

BRIEF-Ashland LLC unit of Ashland Global Holdings entered into credit agreement with lenders

1 Min Read

May 18 (Reuters) - Ashland Global Holdings Inc

* Ashland Global Holdings Inc - Ashland LLC entered into a credit agreement with lenders

* Ashland Global Holdings - Credit agreement provides for $250 million three-year term loan a facility, $250 million five-year term loan A facility

* Ashland Global Holdings - Credit agreement provides for a $680 million five-year revolving credit facility

* Ashland Global Holdings - Expects to increase aggregate commitments under revolving facility from $680 million to $800 million

* Ashland Global Holdings Inc - Proceeds of borrowings under TLA facilities were used on closing date solely to finance acquisition of shares of Pharmachem Laboratories, Source text (bit.ly/2qWksrv) Further company coverage:

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