Give & Go Prepared Foods to launch $50 million term loan on Monday

By Sara Rosenberg

New York, Jan. 27 – Give & Go Prepared Foods Corp. will hold a lender call at 3:30 p.m. ET on Monday to launch a $50 million covenant-light incremental first-lien term loan, according to a market source.

Deutsche Bank Securities Inc. and Antares Capital are the bookrunners on the deal.

The incremental term loan has 101 soft call protection through July 29, 2017, the source said.

Proceeds will be used to fund the acquisition of Uncle Wally’s Bake Shoppe.

Give & Go is a Toronto-based manufacturer of value-added baked goods.

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