Deutsche Bank, Barclays Arrange Expera $335MM Recap

Expera Specialty Solutions, a portfolio company of KPS Capital Partners, closed a $50 million senior secured revolving credit facility and a $285 million senior secured term loan. Deutsche Bank Securities and Barclays acted as joint lead arrangers and joint bookrunners.

Expera to Acquire Old Town Fuel Out of Bankruptcy

Expera Specialty Solutions entered into a definitive agreement to acquire certain assets related to the Old Town Fuel & Fiber pulp mill. Expera expects to complete the transaction as part of a sale process under §363 of the United States Bankruptcy Code.

BofA, GE Capital Arrange Expera Refinancing

KPS Capital Partners said its portfolio company Expera Specialty Solutions completed a recapitalization by raising $270 million with a syndicate of banks. BofA Merill Lynch and GE Capital Markets acted as co-lead arrangers.