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Koppers Announces Closing of $400 Million Term Loan B; Redeems 6.00% Senior Unsecured Notes due 2025

PR Newswire - Tue Apr 11, 2023

PITTSBURGH, April 11, 2023 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced the closing of a 7-year $400 million senior secured Term Loan B (TLB), which will bear interest, at the company's option, at adjusted Term SOFR or adjusted Daily Simple SOFR, in each case plus 4.00% with a floor of 50bps.

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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