J.P. Morgan and CIBC World Markets are in the market with a C$415 million facility backing Thomas H. Lee Partners' acquisition of Progressive Moulded Products from Oak Hill Capital Partners. The facility comprises a C$50 million revolver, C$75 million "A" loan and C$290 million "B" loan. The "B" loan will be U.S. dollar-denominated and is roughly $220 million. The Canadian dollar-denominated pro rata is being syndicated out of Toronto. Price talk is LIBOR plus 3% on the entire facility. The credit hit the market last Thursday. Progressive is a provider of plastic automotive interior subsystems. A J.P. Morgan spokesman and CIBC bankers declined comment. A T.H. Lee spokesman did not return calls.