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Alorica plans $1.1 billion credit facility with Expert Global purchase
By Sara Rosenberg
New York, June 2 – Alorica Inc. received a commitment to expand its term loan and revolving credit facility to $1.1 billion in connection with its acquisition of Expert Global Solutions from One Equity Partners, according to a news release.
Credit Suisse, Bank of America Merrill Lynch, Bank of the West, BNP Paribas and Wells Fargo provided the financing commitments.
Closing is expected in the third quarter, subject to customary conditions, including applicable regulatory requirements.
Alorica is an Irvine, Calif.-based provider of services, including customer relationship management and back office support. Expert Global Solutions is a Plano, Texas-based customer service organization.
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