CompoSecure raises $900mln, inks $1.2bln term loan, $400mln revolving loan.

CompoSecure, Inc. has closed a private placement of $900 million in senior secured notes due 2033, a new $1.2 billion term loan facility maturing in 2033, and $400 million in revolving commitments maturing in 2031. The notes bear a 5.625% fixed annual interest rate, while the term loan bears interest at a rate of the term SOFR reference rate plus 2.25%. The company used the proceeds from the loans and notes issuance to strengthen its financial position.