MSX International to launch U.S. and euro term loans on Wednesday

By Sara Rosenberg

New York, Nov. 5 – MSX International is scheduled to hold a lender call on Wednesday to launch an up to $100 million term loan B-4 due January 2024 and a minimum €454 million term loan B-3 due January 2024, according to a market source.

HSBC and Nomura are the physical bookrunners on the deal. RBC is a bookrunner and the agent.

The term loans have a 0% floor and 101 soft call protection for six months, the source said.

Proceeds will be used to amend and restate senior facilities.

Commitments are due at the close of business on Nov. 14, the source added.

MSX, a Bain Capital portfolio company, is a business process outsourcing company.

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