Playtex Products has tapped Credit Suisse First Boston for a $625 million refinancing credit. The deal comprises a $150 million, six-year revolver, and a six-year $150 million term loan "A," both priced at LIBOR plus 2 3/4 %. The "B" term is a $325 million tranche, priced at 3 1/4 %. Officials at Playtex declined to comment on the loan. CSFB is lead arranger, book manager and administrator. The Westport, Conn.-based manufacturers personal care products that include Diaper Genie, Mr. Bubble, Playtex tampons and Banana Boat.
Playtex Taps CSFB For Redux