Calmar Spraying to Sell $140 Million in Notes
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Calmar Spraying Systems Inc. has registered to sell $140 million in discount notes to pay for the acquisition of Calmar Inc., a large manufacturer of non-aerosol plastic pump sprayers, according to a filing with the Securities and Exchange Commission.
Calmar Spraying, in City of Industry, was created to acquire Calmar Inc. in a management buyout transaction organized by Freeman Spogli & Co.