Ozburn-Hessey to launch $270 million term loan on Wednesday

By Sara Rosenberg

New York, May 7 - Ozburn-Hessey Holding Co. LLC will hold a call on Wednesday to launch a $270 million six-year term loan, according to a market source.

Bank of America Merrill Lynch, Morgan Stanley Senior Funding Inc. and GE Capital Markets are leading the deal.

Proceeds will be used to refinance existing term loans.

Ozburn-Hessey is a Brentwood, Tenn.-based third party logistics provider.

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