Alorica completes $200 million credit facility via Bank of America

By Sara Rosenberg

New York, Feb. 13 - Alorica closed on a new $200 million senior secured five-year credit facility, according to a news release.

Bank of America Merrill Lynch acted as the lead arranger and bookrunner on the oversubscribed deal.

There is a $125 million accordion feature.

Proceeds will be used for working capital, growth initiatives and acquisitions.

Alorica is a Chino, Calif.-based provider of outsourced customer management solutions.

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