Access CIG sets pricing on $966 million loans, commitments due Thursday

By Paul A. Harris

Portland, Ore., Jan. 27 – Access CIG, LLC talked a repricing of $966 million of first-lien term loan debt with a 350 basis points spread to Libor at par, according to a market source.

The deal, which includes a $916.2 million loan and a $50 million delayed-draw loan, has a 0% Libor floor.

Commitments are due at noon ET Thursday.

Jefferies LLC has the books.

The borrower is provider of information management services.

© 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.