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Published on 8/2/2017 in the Prospect News Bank Loan Daily.

Give & Go Prepared Foods to launch $475 million term loan on Thursday

By Sara Rosenberg

New York, Aug. 2 – Give & Go Prepared Foods Corp. is scheduled to hold a bank meeting at 12:30 p.m. ET in New York on Thursday to launch a $475 million covenant-light first-lien term loan due July 2023, according to a market source.

Deutsche Bank Securities Inc. is the left bookrunner on the deal.

The term loan includes 101 soft call protection for six months, the source said.

Proceeds will be used for a recapitalization.

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


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