Polymer Group Seeking $530M Via Senior Secured Notes Offering

Charlotte, N.C.-based Polymer Group Inc. is planning a $530 million private placement in connection with its definitive agreement to be acquired by Blackstone Capital Partners. Polymer Group will seek to raise the funds by offering senior secured notes due 2019. The offering is part of the financing for, and is conditioned upon, the closing of its deal with the New York-based investment and advisory firm.

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