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Koppers Amends $300M Loan

Koppers Holdings’ unit, Koppers, has modified its existing revolving credit facility.

    Koppers Holdings’ unit,Koppers, has modified its existing revolving credit facility. The U.S. carbon compounds and treated wood products maker extended a $300 million revolving credit facility that had originally been set to expire on Oct. 31, 2013.

    As per the new agreement, the company’s new facility is set to mature on March 22, 2015. The deal was led byPNCand co-led byRBS Citizens BankandBank of Americaas joint underwriters.

    Click here for the release fromKoppers.

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