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Mister Car Wash to launch $901 million term loan B on Thursday
By Sara Rosenberg
New York, March 13 – Mister Car Wash Holdings Inc. is scheduled to hold a lender call at 1 p.m. ET on Thursday to launch a $901 million seven-year term loan B, according to market sources.
BofA Securities Inc. is the left lead arranger on the deal.
The term loan has 101 soft call protection for six months, sources said.
Proceeds will be used to refinance the company’s outstanding term loans.
Mister Car Wash is a Tucson-based car wash operator.
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