NEP Group to launch $125 million add-on term loan B on Tuesday

By Sara Rosenberg

New York, April 30 – NEP Group Inc. is set to hold a lender call on Tuesday to launch a $125 million add-on term loan B due July 21, 2022, according to a market source.

Barclays and J.P. Morgan Securities LLC are the bookrunners on the deal.

Proceeds will be used to pay down revolving credit facility borrowings, the source said.

NEP is a Pittsburgh-based outsourced provider of comprehensive live and broadcast production solutions.

© 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.