JACKSONVILLE, Fla. (AFX) - Maintenance and repair parts company Interline Brands Inc. said Friday it completed a $200 million offering of senior notes due in 2014. The company also completed a new $330 million credit facility.
Proceeds from the notes and the credit facility will be used to refinance debt, which includes a prior credit facility and senior notes due 2011.
The new credit facility is broken down into a $100 million 7-year loan, a $130 million 7-year delayed draw term loan and a $100 million 6-year revolving loan.
Interline Brands rose 13 cents to close at $22.62 on the New York Stock Exchange.
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