March 26, 2018 / 1:25 PM / 8 months ago

BRIEF-GCP Applied Technologies Proposes Private Offering Of Senior Notes

March 26 (Reuters) - Gcp Applied Technologies Inc:

* GCP APPLIED TECHNOLOGIES ANNOUNCES PROPOSED PRIVATE OFFERING OF SENIOR NOTES

* GCP APPLIED TECHNOLOGIES INC - INTENDS TO OFFER SENIOR NOTES DUE 2026

* GCP APPLIED TECHNOLOGIES - ‍GCP INTENDS TO AMEND EXISTING REVOLVING CREDIT FACILITY TO INCREASE REVOLVING COMMITMENTS THEREUNDER TO UP TO $350 MILLION​

* GCP APPLIED TECHNOLOGIES - INTENDS TO AMEND EXISTING REVOLVING CREDIT FACILITY TO EXTEND MATURITY THEREOF BY ABOUT TWO YEARS

* GCP APPLIED-TO USE OFFERING'S PROCEEDS ,WITH UP TO $50 MILLION OF BORROWINGS & CASH ON HAND TO REDEEM $525 MILLION OF OUTSTANDING 9.500% SENIOR NOTES DUE 2023​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below