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Published on 7/12/2016 in the Prospect News Bank Loan Daily.

Sterling Talent to launch $50 million add-on term loan on Wednesday

By Sara Rosenberg

New York, July 12 – Sterling Talent Solutions is scheduled to hold a lender call at 11 a.m. ET on Wednesday to launch a $50 million add-on term loan, according to a market source.

Goldman Sachs & Co. and KeyBanc Capital Markets are the leads on the deal.

Proceeds will be used to repay existing revolver borrowings, the source said.

Sterling Talent Solutions is a Seattle-based provider of background screening solutions.


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