Hamilton Lane firms term loan repricing at Libor plus 300 bps

By Sara Rosenberg

New York, April 17 - Hamilton Lane finalized the repricing of its $126 million term loan at Libor plus 300 basis points, the tight end of the Libor plus 300 bps to 325 bps talk, according to a market source.

The loan has a 1% Libor floor and a par issue price.

Goldman Sachs Bank USA is the lead bank on the deal.

The repricing will take the loan down from Libor plus 400 bps with a 1.25% Libor floor.

Hamilton Lane is a financial institution that provides discretionary and non-discretionary private equity asset management services.

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