J.P. Morgan Chase is in the market with a $105 million credit for food and beverage company Mafco Worldwide Corp. for acquisition financing. Todd Slotkin, cfo, declined to comment on details regarding the facility and acquisition plans. Credit Suisse First Boston will act as administrative agent and BNP Paribas has signed on as documentation agent. The deal comprises a $15 million revolving credit and a $90 million term loan "B," both priced at LIBOR plus 31/2 %.
J.P. Morgan Hits Market With Mafco Deal