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Calgon Carbon refinances existing $125 million credit facility

November 2013

Client(s) Calgon Carbon Corporation

Jones Day represented Calgon Carbon Corporation, a leader in the activated carbon industry through unmatched innovations in the purification, separation, and concentration of liquids, gases, and other media, in connection with the refinancing of its existing $125 million syndicated credit facility. The new facility provides for a total borrowing capacity of $300 million, inclusive of a $225 million revolving loan and a $75 million delayed draw loan. The revolving loan includes two optional one-year extensions and a five-year maturity date. The delayed draw term loan includes a maximum of three draws for a total commitment of $75 million. Calgon Carbon Corporation will use the new facility to support strategic growth initiatives, acquisitions, share repurchases, working capital, and general corporate purposes.

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