HDT Global readies launch of $280 million term loan B for Thursday

By Sara Rosenberg

New York, June 9 – HDT Global is scheduled to hold a lender call at 1 p.m. ET on Thursday to launch a $280 million term loan B, according to a market source.

RBC Capital Markets, Barclays and Societe Generale are the joint lead arrangers on the deal.

Proceeds will be used to help fund the buyout of the company by Nexus Capital Management LP from Charlesbank Capital Partners.

Closing is expected this quarter, subject to regulatory approvals and other customary conditions.

HDT is a Solon, Ohio-based manufacturer of highly engineered, mission‐capable infrastructure solutions across defense, aerospace and government markets.

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