Arch Chemicals signs new $375M credit line

Arch Chemicals Inc.in Norwalk says it has a new unsecured five-year $375 million credit facility, $25 million more than the old one.

The credit line will fund acquisitions and finance the company’s production and marketing of biocides used in household soaps and shampoos and other chemical ingredients, Arch finance chief Steven C. Giuliano said Wednesday.

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