Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Paraná SA > News item |
Jones DesLauriers to pay down some term loan debt with notes, equity
By Sara Rosenberg
New York, March 1 – Jones DesLauriers Insurance Management Inc. plans to repay a portion of its term loan borrowings with proceeds from a $500 million senior secured notes offering and an equity contribution, according to a market source.
Remaining proceeds from the notes and equity contribution will be used to fund acquisitions, for general corporate purposes, and to pay fees and expenses relating to the offering of the notes and the other transactions.
Jones DesLauriers is a professional services firm and strategic partner for corporate insurance, risk management and employee benefits in Canada.
© 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.