Liquid Tech Solutions to launch $300 million term loan on Thursday

By Sara Rosenberg

New York, Feb. 23 – Liquid Tech Solutions LLC is scheduled to hold a lender meeting at 2 p.m. ET on Thursday to launch a $300 million covenant-lite first-lien term loan, according to a market source.

Citizens, Credit Suisse Securities (USA) LLC and BNP Paribas Securities Corp. are the lead arrangers on the deal.

Proceeds will be used to refinance existing debt.

Lindsay Goldberg is the sponsor.

Liquid Tech is a tech-enabled provider of route-based, on-site mobile refueling solutions.

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