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Published on 3/13/2017 in the Prospect News Bank Loan Daily.

Constellis plans new financing with Centerra Group acquisition

By Sara Rosenberg

New York, March 13 – Constellis has received commitments for financing to help fund its purchase of Centerra Group LLC from Alvarez & Marsal Capital and to refinance the combined company’s existing debt, according to a news release.

Credit Suisse, Barclays, Citi and Goldman Sachs provided the commitments.

Closing is expected in the second quarter, subject to customary regulatory reviews and approvals.

Constellis is a Reston, Va.-based provider of operational support and risk management services to government and commercial clients. Centerra is a Palm Beach Gardens, Fla.-based government and critical infrastructure services company.


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