Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Marlink Group > News item |
Marlink to launch $525 million, €250 million term loans on Tuesday
By Sara Rosenberg
New York, Oct. 18 – Marlink Group will hold a lender call at 11 a.m. ET on Tuesday to launch a $525 million first-lien term loan B and a €250 million first-lien term loan B, according to a market source.
Goldman Sachs, BNP Paribas Securities Corp., BofA Securities Inc., Barclays, KKR Capital Markets, HSBC and Banque CIC are the lead arrangers on the deal.
Proceeds will be used to help fund the buyout of the company by Providence Equity Partners from Apax Partners SAS for an enterprise value of about $1.4 billion.
Marlink is a Paris and Oslo-based provider of business-critical SatCom services.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.