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Prince International Announces Senior Notes Offering By Pmhc Ii, Inc. To Finance Previously Announced Acquisition Of Ferro Corporation

Jan 28, 2022•over 3 years ago

Acquiring Company

Prince

Acquired Company

Ferro

Manufacturing

Description

Prince International Corporation ("Prince"), a portfolio company of American Securities LLC, today announced that PMHC II, Inc. (the "Issuer"), an affiliate of Prince, intends to offer $1,256 million in aggregate principal amount of Senior Secured Notes due 2029 and Senior Notes due 2030 (together, the "Notes") in a private offering, subject to market and other conditions.

Company Information

Company

Prince

About

Headquartered in Houston, Texas, Prince specializes in developing, manufacturing and marketing performance-critical specialty products, many custom developed, for niche applications in the construction, electronics, consumer products, agriculture, automotive, oil & gas, industrial and other end markets. Prince operates 21 facilities worldwide and is a portfolio company of American Securities LLC.

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Tech stack consolidation
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