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Prospect News home > News index > List of issuers M > Headlines for MediaOcean LLC > News item
Published on 7/21/2021 in the Prospect News Bank Loan Daily.

MediaOcean to launch $385 million add-on term loan on Friday

By Sara Rosenberg

New York, July 21 – MediaOcean LLC is set to hold a lender call at 10 a.m. ET on Friday to launch a fungible $385 million add-on first-lien term loan, according to a market source.

Macquarie Capital (USA) Inc. and Golub Capital are the leads on the deal.

Proceeds will be used to fund the acquisition of Flashtalking, an ad management platform.

Closing is expected in the third quarter.

MediaOcean is a New York-based software company for the advertising sector.


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