HDT Global readies launch of $300 million term loan B for Tuesday

By Sara Rosenberg

New York, Nov. 29 - HDT Global is scheduled to hold a bank meeting at 10 a.m. ET on Tuesday to launch its proposed $300 million six-year term loan B, according to a market source.

JPMorgan is the lead bank on the deal.

Proceeds will be used to refinance existing debt and to fund a dividend payment.

HDT Global is a Solon, Ohio-based manufacturer of deployable, expeditionary systems and high-performance aerial delivery systems for the U.S. Military, Allied Forces, Homeland Security and Emergency Management agencies.

© 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.