Superior Vision plans syndication of $223 million credit facility

By Sara Rosenberg

New York, May 3 – Superior Vision Corp. is planning on launching to lenders soon syndication of an already funded $223 million credit facility, according to a market source.

Macquarie Capital (USA) Inc. and BMO Capital Markets are the leads on the deal.

The facility consists of a $15 million revolver, a $133 million first-lien term loan and a $75 million second-lien term loan, the source said.

Proceeds were used to help fund the buyout of the company by Centerbridge Partners LP from Nautic Partners LLC, which closed a few weeks ago.

Superior Vision is a Linthicum, Md.-based eye care company.

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