Del Taco anticipating launch of new credit facility next week

By Sara Rosenberg

New York, April 15 - Del Taco LLC is targeting a bank meeting late next week to launch a new credit facility, a market source told Prospect News, adding that timing is still very fluid.

Wells Fargo is the left lead bank on the deal.

Proceeds will be used to refinance existing debt.

Del Taco is a Lake Forest, Calif.-based operator and franchiser of restaurants.

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