Survey Sampling to launch $36 million incremental term loan Thursday

By Sara Rosenberg

New York, May 27 – Survey Sampling International LLC is scheduled to hold a conference call on Thursday to launch a fungible $36 million incremental term loan, according to a market source.

GE Capital Markets is the lead on the deal.

Pricing on the incremental loan is Libor plus 500 basis points with a 1% Libor floor, in line with the company’s existing $212 million term loan, the source said.

Original issue discount talk on the incremental loan is still to be determined.

Proceeds will be used for merger and acquisition purposes.

Survey Sampling is a Shelton, Conn.-based provider of data solutions and technology for consumer and business-to-business research.

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