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U.S. Silica Reprices $950 Million Senior Secured Term Loan B
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U.S. Silica Reprices $950 Million Senior Secured Term Loan B
Mar 27, 2024 2:59 AM

05:42 AM EDT, 03/27/2024 (MT Newswires) -- U.S. Silica Holdings ( SLCA ) said Tuesday it has repriced its seven-year $950 million senior secured term loan B due 2030 to 4% from 4.75%.

In conjunction with the repricing, the provider of industrial silica for the oil drilling industry completed a term loan principal repayment of $25 million using cash on hand.

Price: 12.13, Change: -0.13, Percent Change: -1.06

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