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Kaufman Hall to launch $170 million credit facility on Thursday
By Sara Rosenberg
New York, Jan. 6 – Kaufman Hall & Associates LLC is scheduled to hold a bank meeting at 10 a.m. ET on Thursday to launch a $170 million credit facility, according to a market source.
Barclays and SunTrust Robinson Humphrey Inc. are the bookrunners on the deal.
The facility consists of a $20 million revolver and a $150 million term loan B, the source said.
Proceeds will be used to fund the buyout of the company by Madison Dearborn Partners.
Kaufman Hall is a Skokie, Ill.-based consulting firm and provider of software serving U.S. not-for-profit health care providers.
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