Vaco Holdings prices $25 million incremental term loan at 98.553 OID

By Sara Rosenberg

New York, Sept. 30 – Vaco Holdings LLC priced and allocated a fungible $25 million incremental first-lien term loan (B2/B), according to a market source.

Pricing on the incremental term loan is SOFR+CSA plus 500 basis points with a 0.75% floor and an original issue discount of 98.553, the source said.

CSA is 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate.

Jefferies LLC is the arranger on the deal.

Proceeds will be used to fund an acquisition.

Vaco is a provider of staffing and consulting services.

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