Merisant $85 million second-lien loan expected as May business

By Sara Rosenberg

New York, April 17 - Merisant Co. is expected to hold a bank meeting in May to launch its proposed $85 million senior secured second-lien credit facility, according to a market source.

Jefferies & Co. Inc. and Credit Suisse Securities (USA) LLC are the joint lead arrangers and joint bookrunners on the deal, with Jefferies the left lead.

Proceeds will be used to pay down first-lien loan debt.

Merisant is a Chicago-based low-calorie sweetener company.

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