Update: BofA Merrill Lynch Leads $1.05B Armstrong World Industries Refi

Armstrong World Industries plans to refinance its existing credit agreement in conjunction with the completion of the planned separation of the company’s flooring business. Bank of America Merrill Lynch is leading the refinancing with J.P. Morgan and Citibank acting as joint lead arrangers.

Armstrong World Industries Announces Proposed Refinancing

Armstrong World Industries plans to refinance its existing credit agreement in conjunction with and subject to the completion of the planned separation of the company’s flooring business.

BofA, Others Lead Armstrong Senior Facility Refinancing

Armstrong World Industries said it closed on a new $1.275 billion senior secured credit facility. BofA Merrill Lynch, JP Morgan and Barclays led the transaction.