Ancestry to launch $350 million incremental term loan on Tuesday

By Sara Rosenberg

New York, Aug. 2 – Ancestry.com (Arches Buyer Inc.) is set to hold a lender call at 10 a.m. ET on Tuesday to launch a $350 million incremental first-lien term loan, according to a market source.

Credit Suisse Securities (USA) LLC is the left lead arranger on the deal.

Proceeds will be used to fund a shareholder distribution.

Ancestry.com is a Lehi, Utah-based provider of digital family history services and consumer genomics.

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