OneStopPlus to launch $465 million term loan B on Tuesday morning

By Sara Rosenberg

New York, Feb. 28 - OneStopPlus Group is set to hold a bank meeting at 10 a.m. ET on Tuesday to launch a $465 million term loan B, according to a market source.

Goldman Sachs Bank USA, Jefferies Finance LLC and BMO Capital Markets are the lead banks on the deal.

The B loan has 101 soft call protection for six months, the source said.

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

OneStopPlus is a New York-based catalog retailer and online marketplace for plus-size consumers.

© 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.