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Digital Room wraps $43 million add-on term loan B at OID of 99
By Sara Rosenberg
New York, Oct. 3 – Digital Room Holdings Inc. completed syndication of its $43 million add-on first-lien term loan B in line with talk at Libor plus 500 basis points with a 1% Libor floor and an original issue discount of 99, according to a market source.
BNP Paribas Securities Corp. is the lead bank on the deal that allocated on Tuesday.
Proceeds will be used to fund an acquisition.
Digital Room is an e-commerce provider in the online short-run print market.
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