Milacron Holdings Inc. Successfully Completes $140 Million Term Loan Transaction

CINCINNATI, OHIO – Milacron Holdings Inc. (“Milacron” or the “Company”) has completed its previously announced plan to refinance its existing debt facilities in a new $140 million senior secured term loan due in 2017 (the “refinancing”).

“Our ability to complete the refinancing so quickly after announcing our plan to do so reaffirms the value the market places on Milacron, our brands and the reputation we’ve established within the manufacturing industry,” said John Francy, Chief Financial Officer.

By providing a lower interest rate, extended maturity and more favorable terms, the refinancing will enable Milacron to continue reinvesting in the business, including technology advancements, product and service enhancements and expanded global reach.

“Milacron is in a solid financial position with access to capital markets,” said Francy. “This transaction shows that even in this volatile market, we have financial institutions willing to invest in our Company.”

The refinancing was finalized on May 6, 2011 and lead by Merrill Lynch, Pierce, Fenner & Smith Inc.

Bank of America, N.A. will serve as the administrative agent for the senior secured term loan.

Milacron LLC and its businesses are committed to being the leading suppliers of plastics-processing technologies and industrial fluids around the world. The people of Milacron’s companies know what matters in manufacturing, and every day, put this knowhow to work to help customers improve productivity, cut costs, increase energy efficiency, eliminate scrap and reduce cycle times. For further information, visit www.milacron.com.

Press Contact:
Mary Scheibel, principal
Scheibel Halaska, Inc.
414-270-3513
mscheibel@insidesh.com