GCP Applied Technologies Announces Closing of Refinancing Transactions
Senior Notes Offering
On April 10, 2018, GCP closed its previously announced private offering (the “offering”) of
Credit Agreement Amendment
GCP also announced today that it has entered into an amendment to its Credit Agreement to, among other things, (i) increase the aggregate principal amount of revolving commitments available thereunder to
Redemption of Existing Notes
GCP also announced today that, using net proceeds from the offering, together with borrowings under its Credit Agreement and cash on hand, it redeemed all
The offer and sale of the Notes and the related guarantees have not been registered under the Securities Act of 1933 (the “Securities Act”) or any state securities laws and, unless so registered, the Notes may not be offered or sold in
This news release is not an offer to purchase, nor a solicitation of an offer to sell, any securities, and shall not constitute a notice of redemption with respect to any outstanding notes of GCP.
About GCP Applied Technologies Inc.
GCP is a leading global provider of construction products technologies that include additives for cement and concrete, the VERIFI® in-transit concrete management system, high-performance waterproofing products, and specialty systems. GCP products have been used to build some of the world’s most renowned structures.