Bloomberg News

Sequa Said to Change Commitment Deadline on $200 Million Loan

October 26, 2011

Oct. 26 (Bloomberg) -- Sequa Corp., the Carlyle Group-owned servicer of jet engines and maker of automobile parts, moved up the commitment deadline for a $200 million incremental term loan it’s seeking to finance its acquisition of Roll Coater Inc., according to a person with knowledge of the transaction.

Investors have until 5 p.m. tomorrow in New York to submit commitments, said the person, who declined to be identified because the terms are private. The company was originally seeking responses by Nov. 1.

To contact the reporter on this story: Michael Amato in New York at mamato3@bloomberg.net

To contact the editor responsible for this story: Chapin Wright at cwright4@bloomberg.net


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