Bloomberg News

Carlyle Group’s Sequa Said to Seek $200 Million Acquisition Loan

October 21, 2011

Oct. 21 (Bloomberg) -- Sequa Corp., the Carlyle Group-owned jet engines servicer and manufacturer of automobile parts, is seeking a $200 million term loan, according to a person with knowledge of the matter.

Barclays Plc and Credit Suisse Group AG are arranging the debt, which will fund Sequa’s acquisition of Roll Coater Inc., said the person, who declined to be identified because the deal’s private.

The Tampa, Florida-based company will host a lender call on Oct. 25, the person said.

To contact the reporter on this story: Krista Giovacco in New York at kgiovacco1@bloomberg.net

To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net


Steve Ballmer, Power Forward
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus