LUXEMBOURG--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of
specialty and high-performance Carbon Black, today announced a further
voluntary repayment of debt of €20 million. With this further repayment,
Orion Engineered Carbons will have voluntarily repaid €110 million since
December 2015 of the initial €665 million Term Loan B debt, which
reduces current interest costs by approximately €4 million per year.
About Orion Engineered Carbons S.A.
Orion is a worldwide supplier of Carbon Black. We produce
high-performance as well as standard Gas Blacks, Furnace Blacks, Lamp
Blacks, Thermal Blacks and other Specialty Carbon Blacks that tint,
colorize and enhance the performance of polymers, plastics, paints and
coatings, inks and toners, adhesives and sealants, tires, and mechanical
rubber goods such as automotive belts and hoses. With approximately 1460
employees worldwide, Orion runs 14 global production sites and four
Applied Technology Centers. For more information please visit our
website www.orioncarbons.com.
