A Wireless credit facilities to include $510 million term loan

By Sara Rosenberg

New York, April 3 – A Wireless’ proposed senior secured credit facilities will consist of a $510 million first-lien term loan and an ABL revolver, according to a market source.

As previously reported, the deal is scheduled to launch with a bank meeting at 10:30 a.m. ET in New York on Tuesday.

UBS Investment Bank, Goldman Sachs Bank USA, SunTrust Robinson Humphrey Inc. and Jefferies Finance LLC are the lead banks on the credit facilities.

Proceeds will be used to refinance existing debt.

A Wireless is an exclusive national authorized retailer for Verizon Wireless with corporate offices in Greenville, N.C., and Eden Prairie, Minn.

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