Alorica closes $725 million refinancing term loan via Cerberus

By Marisa Wong

Los Angeles, April 20 – Alorica Inc. announced it closed a refinancing led by Cerberus Business Finance, LLC and its affiliates. Through a directly negotiated transaction, Alorica received a $725 million senior secured term loan, alongside an upsized $300 million ABL facility provided by a syndicate of banks, according to a press release.

The company said the refinancing provides additional liquidity and strategic flexibility to advance growth imperatives as it accelerates demand for its CX solutions.

Based in Irvine, Calif., Alorica is a digital customer experience services company

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