At Home Holding to hold loan lender call on Thursday morning

By Sara Rosenberg

New York, Nov. 7 – At Home Holding III Inc. is scheduled to hold a call at 11:30 a.m. ET on Thursday for loan lenders, according to a market source.

Bank of America Merrill Lynch is the lead on the deal.

The company said in a news release that it is planning a new $425 million seven-year senior secured term loan to refinance an existing term loan due June 2022, reduce outstanding borrowings under its asset-based revolving credit facility and pay fees and expenses associated with the transaction.

“The proposed refinancing of our term loan facility is an opportunity to improve our capital structure and increase our financial flexibility as we focus on the continued achievement of our long-term growth potential,” said Lee Bird, chairman and chief executive officer, in the release.

At Home is a Plano, Texas-based specialty retailer of home decor products.

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