Shower Maker American Bath Eyes Refinancing $2 Billion of Debt

Shower and bathtub manufacturer American Bath Group is reaching out to investors with a proposal to refinance almost $2 billion of existing debt, according to people with knowledge of the matter.

The Centerbridge Partners-backed firm has tapped JPMorgan Chase & Co. to arrange a new debt offering, which could launch as soon as next week, said the people, who asked not to be identified discussing private information.

JPMorgan is in talks with a variety of lenders, including private credit firms, pitching a deal that could be split across multiple tranches, the people said. That could include a term loan, ...