Debt - News

Carlyle-Backed Ice Maker Taps PJT Partners to Weigh Debt Options

Arctic Glacier, a supplier of packaged ice, is working with PJT Partners to help tackle its upcoming debt maturities, according to people with knowledge of the situation.

The Carlyle-backed company is exploring options including asking creditors for more time to pay back debt, known as an amend and extend deal, said the people who asked not to be identified because the matter is private. It has a revolver maturing in December 2023, followed by more than $400 million in term loans due in March 2024.

A representative for Arctic Glacier didn’t respond to requests for comment. Carlyle and PJT …


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