Alliant Holdings to launch $2.29 billion credit facilities on Monday

By Sara Rosenberg

New York, April 20 – Alliant Holdings Intermediate LLC is scheduled to hold a lender call at 1 p.m. ET on Monday to launch $2,286,217,951 of senior secured credit facilities, according to a market source.

Morgan Stanley Senior Funding Inc. is the lead bank on the deal.

The facilities consist of an extension of the existing $200 million revolver and $1,776,217,951 term loan B, and a new $310 million incremental term loan B, the source said.

Proceeds from the incremental loan will be used to fund pending acquisitions.

Alliant is a Newport Beach, Calif.-based specialty insurance brokerage firm.

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