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ATI Holding launches $200 million senior secured credit facility
By Sara Rosenberg
New York, Nov. 18 - ATI Holding Co. held a bank meeting on Wednesday to launch its proposed $200 million senior secured credit facility, according to sources.
Goldman Sachs is the lead bank on the deal.
The facility consists of a $35 million revolver and a $165 million term loan, sources said.
Proceeds from the facility, along with $65 million of mezzanine debt, will be used to help fund the buyout of the company by BC Partners from the Riverside Co. and Primus Capital.
ATI is a Dallas-based operator of career training centers.
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