Oasis Outsourcing to launch $87 million add-on term loan on Thursday

By Sara Rosenberg

New York, June 19 – Oasis Outsourcing Holdings Inc. is scheduled to hold a lender call at 10 a.m. ET on Thursday to launch a fungible $87 million add-on first-lien term loan, according to a market source.

RBC Capital Markets, SunTrust Robinson Humphrey Inc., Citizens Bank and KeyBanc Capital Markets are the joint lead arrangers on the deal.

Proceeds will be used to fund acquisitions.

Oasis Outsourcing, a Stone Point Capital and Kelso & Co. owned company, is a West Palm Beach, Fla.-based provider of comprehensive and cost-effective HR outsourcing services to small- and medium-sized businesses.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.