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Koppers Announces Pricing and Allocation of $400 Million Term Loan B

PR Newswire - Fri Mar 10, 2023

Continued Focus on Enhancing Balance Sheet Flexibility

PITTSBURGH, March 10, 2023 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced the successful pricing and allocation of a 7-year $400 million senior secured Term Loan B (TLB).  The TLB will bear interest at adjusted Term SOFR plus 4.00% with a SOFR floor of 50 bps.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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