Vander-Bend to launch $197.5 million credit facilities on Thursday

By Sara Rosenberg

New York, Sept. 14 – Vander-Bend Manufacturing Inc. will hold a lender call at 2 p.m. ET on Thursday to launch $197.5 million of credit facilities, according to a market source.

Goldman Sachs Bank USA is the lead on the deal.

The facilities consist of a $20 million revolver and a $177.5 million first-lien term loan B, the source said.

Proceeds will be used to refinance existing debt at Vander-Bend and fund the acquisition of Swiss Precision Machining.

Aterian Investment Partners is the sponsor.

Vander-Bend is a San Jose, Calif.-based provider of prototyping, precision manufacturing and assembly solutions to medical technology OEMs and other high growth, recession-resistant sectors.

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