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BRIEF-Owens Corning entered into two loan agreements related to proposed acquisition of entire capital stock of Parry I Holding AB​
October 30, 2017 / 10:44 AM / 21 days ago

BRIEF-Owens Corning entered into two loan agreements related to proposed acquisition of entire capital stock of Parry I Holding AB​

Oct 30 (Reuters) - Owens Corning

* Owens Corning-on Oct. 27 , co entered into two loan agreements associated with its proposed acquisition of entire capital stock of Parry I Holding AB​

* Owens Corning - ‍term loan agreement provides for a term loan facility in an aggregate principal amount of $600 million - SEC filing​

* Owens Corning - ‍364-day loan agreement provides for a term loan facility in an aggregate principal amount of $300 million​

* Owens Corning - ‍borrowings under credit facilities may be used by company to finance acquisition of entire capital stock of Parry I Holding AB​

* Owens Corning - ‍term loan credit facility matures on earlier of three years after funding or date of acceleration pursuant to its terms​

* Owens Corning - ‍364-day credit facility matures on earlier of October 26, 2018 or date of acceleration pursuant to its terms​ Source text: (bit.ly/2yYgobo) Further company coverage:

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