Alliant to launch up to $150 million incremental term loan B-2

By Sara Rosenberg

New York, Sept. 27 – Alliant Holdings Intermediate LLC is scheduled to hold a lender call at 1 p.m. ET on Tuesday to launch an up to $150 million incremental term loan B-2, according to a market source.

Morgan Stanley Senior Funding Inc. is the left lead arranger on the deal.

Proceeds will be used to refinance existing debt and pay related fees, expenses and original issue discount.

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

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