NEW YORK: Apax Partners-backed Tosca Services LLC is holding discussions with some creditors for a new loan that would give the company a cash boost, according to people familiar with the matter.
The proposal would also allow the Atlanta-based maker of plastic crates and other reusable containers the option to pay a portion of its interest in kind over a limited period, said some of the people, who asked not to be identified discussing a private matter.
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