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SRS Distribution to launch $100 million term loan on Tuesday
By Sara Rosenberg
New York, Sept. 26 – SRS Distribution Inc. is scheduled to hold a lender call on Tuesday to launch a $100 million incremental first-lien term loan, according to a market source.
Barclays and UBS Investment Bank are the bookrunners on the deal.
Proceeds will be used to prepay an existing ABL draw and to fund general corporate purposes, including potential acquisitions.
SRS Distribution is a McKinney, Texas-based roofing distributor.
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