Metals and Mining
Company Overview of Noranda Aluminum Acquisition Corp.
Noranda Aluminum Acquisition Corp. was formerly known as Music City Acquisition Corporation. The company was founded in 2007 and is based in Franklin, Tennessee. Noranda Aluminum Acquisition Corp. operates as a subsidiary of Noranda Aluminum Holding Corp.
801 Crescent Drive
Franklin, TN 37067
Founded in 2007
Key Executives for Noranda Aluminum Acquisition Corp.
President and Chief Executive Officer
Vice President of Legal and Human Resources
Compensation as of Fiscal Year 2014.
Noranda Aluminum Acquisition Corp. Key Developments
Noranda Aluminum Acquisition Corp. Enters into an Incremental Amendment No. 2 to Credit Agreement
May 31 13
On May 29, 2013, Noranda Aluminum Acquisition Corp. entered into an Incremental Amendment No. 2 to Credit Agreement among AcquisitionCo, Bank of America, N.A., as incremental term lender and Bank of America, N.A., as administrative agent, to its existing Senior Secured Term B Loan Facility. The Amendment provides for an incremental borrowing of $50.0 million, increasing the aggregate principal amount currently outstanding under the current Senior Secured Term B Loan Facility to $481.5 million. Borrowings under the Amendment will be due and payable on February 28, 2019 and will have the same terms as borrowings under the existing Senior Secured Term B Loan Facility.
Noranda Aluminum Acquisition Corp. Announces $50 Million Incremental Term Loan Facility and $15 Million Incremental ABL Commitments
May 30 13
Noranda Aluminum Acquisition Corp. announced that it has entered into an incremental term loan facility in the amount of $50 million under its existing term loan credit agreement. The New Loans will mature in 2019. AcquisitionCo will use the net proceeds from the New Loans for general corporate purposes. Separately, the company announced that AcquisitionCo has entered into an incremental asset-based revolving credit facility, consisting of $15 million in additional commitments on a "first-in, last-out" basis, under its existing asset-based revolving credit agreement. No funds were drawn under the Incremental ABL at closing. Loans under the Incremental ABL will mature in 2017. AcquisitionCo will use the proceeds of any such loans for general corporate purposes.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|
Most Searched Private Companies
Sponsored Financial Commentaries