Home
Site Search
Use small fonts Use medium fonts Use large fonts Email link to page

Resources

Related expertise

GSO Capital Partners LP Closes US$124 Million Financing of Dominion Colour Corporation

Published: 04/06/2018

Team: Mark Rasile, Daniel P. Cipollone, Hilary Fender, Jonathan Freeman, Kwaku Tabi, James G. Morand, Alison Hayman, Marco Ciarlariello, Kristin Taylor, Signe Leisk

On April 6, 2018, GSO Capital Partners LP (“GSO”), a subsidiary of The Blackstone Group and one of the largest credit-oriented alternative asset managers in the world, closed a US$124 million unitranche term loan facility with Dominion Colour Corporation (“DCC”), a leading manufacturer of pigments and preparations for the global coatings, pigments and ink industries. Proceeds of the term loan were used to finance, among other things, the acquisition of LANSCO Colors LLC (formerly Landers-Segal Color Co., Incorporated) (collectively, “LANSCO”), another market leading manufacturer and supplier in the pigments and ink industries and to refinance existing indebtedness of both DCC and LANSCO.

Cassels Brock acted for GSO with a team comprised of Mark Rasile, Daniel Cipollone and Hilary Fender (Financial Services), Jonathan Freeman and Kwaku Tabi (Real Estate), David Vincent (Pension and Benefits), James Morand (Tax), Alison Hayman and Marco Cialariello (Intellectual Property), Kristin Taylor (Employment and Labour) and Signe Leisk (Environmental).