Gigamon to launch $150 million incremental term loan on Wednesday

By Sara Rosenberg

New York, Jan. 16 – Gigamon Inc. will hold a lender call at 2 p.m. ET on Wednesday to launch a fungible $150 million incremental first-lien term loan due Dec. 27, 2024, according to a market source.

Jefferies LLC is the lead arranger on the deal.

The term loan has 101 soft call protection for six months, the source said.

Proceeds will be used to repay an existing second-lien term loan.

Gigamon is a Santa Clara, Calif.-based provider of active visibility into physical and virtual network traffic.

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