Osmose to launch $760 million first-lien term loan on Thursday

By Sara Rosenberg

New York, June 2 – Osmose Utilities Services is scheduled to hold a lender call at 1 p.m. ET on Thursday to launch a $760 million first-lien term loan, according to a market source.

Goldman Sachs Bank USA, RBC Capital Markets, UBS Investment Bank and Societe Generale are the lead arrangers on the deal.

The company is also getting a $270 million privately placed second-lien term loan.

Proceeds will be used to refinance the company’s existing capital structure and fund a distribution to shareholders.

EQT Infrastructure is the sponsor.

Osmose Utilities is a Peachtree City, Ga.-based provider of structural integrity management and resiliency services for utility and telecommunications infrastructure within the United States.

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