Hyperion to launch $130 million incremental term loan B on Monday

By Sara Rosenberg

New York, March 15 – Hyperion Insurance Group Ltd. is scheduled to hold a lenders’ call at 10 a.m. ET on Monday to launch a $130 million incremental senior secured term loan B, according to a market source.

Morgan Stanley Senior Funding Inc. is the lead bank on the deal.

Proceeds will be placed on the balance sheet in a locked box account to fund future acquisitions.

Hyperion is a London-based insurance intermediary group.

© 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.