Prince International Corporation

Overview

Deal Type Debt Capital Markets
Size $2.77 Billion
Senior Secured Credit Facilities
Client & Transactional Partners Prince International Corporation
American Securities LLC
Ferro Corporation
Chromaflo Technologies Corporation
Our Role Joint Bookrunner
Joint Lead Arranger

Summary

On April 21, 2022, Prince International Corporation (Prince), a portfolio company of American Securities LLC (American Securities), successfully closed the acquisition of Ferro Corporation (Ferro) and subsequent merger with Chromaflo Technologies Corporation (Chromaflo). KeyBanc Capital Markets acted as Joint Lead Arranger and Joint Bookrunner on the financing which included $2.77 billion of Senior Secured Credit Facilities, comprised of a $325 million Revolving Credit Facility and a $2.445 billion Term Loan B, as well as $756 million of Senior Unsecured Notes. The financing was issued under the entity name, PMHC II, Inc.

Prince is a leading global manufacturer of specialty chemicals, minerals, and industrial additives that specializes in developing, manufacturing, and marketing mission-critical additives. Chromaflo is a manufacturer of liquid colorants and dispersions. Ferro is a supplier of functional coatings and color solutions. The three companies combined create a diversified global chemicals company of scale with exposure to stable and growing end markets. Both Prince and Chromaflo are portfolio companies of American Securities.

KeyBanc Capital Markets is a trade name under which the corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member FINRA/SIPC (“KBCMI”), and KeyBank National Association (“KeyBank N.A.”), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities representatives. Banking products and services are offered by KeyBank N.A.

Recent Deals

September 2026

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Exclusive Sell-Side Advisor

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Active Joint Bookrunner

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Freddie Mac (Floating-Rate Loan)

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Freddie Mac (Floating-Rate Loan)

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Freddie Mac (Floating-Rate Loan)

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$15 Million

Fannie Mae (Fixed-Rate Loan)

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$17.25 Million

Life Company

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Brookdale Portfolio

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Freddie Mac (Fixed-Rate Loan)

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Life Company

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Revolving Credit Facility, Senior Secured Term Loan B, Senior Secured Notes

Joint Lead Arranger
Joint Bookrunner

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CMBS Fixed-Rate Loan

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Senior Secured Credit Facilities

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Joint Bookrunner
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CMBS Fixed-Rate Loan

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Senior Secured Credit Facilities

Sole Lead Arranger
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CMBS Fixed-Rate Loan

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Senior Secured Credit Facilities

Coordinating Lead Arranger
Administrative Agent
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Senior Secured Credit Facilities

Joint Lead Arranger
Joint Bookrunner
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