ATLANTA–Newell Rubbermaid has completed its $400 million unsecured three-year term loan facility with Bank of America, N.A., as administrative agent, and JP Morgan Chase Bank, N.A., as syndication agent, it said in a statement. In addition, it said the loan proceeds will be used to reduce outstanding commercial paper. Newell also announced a one-year extension of its $448 million floating rate note from September 2008 to September 2009.
