Zotec sets bank meeting to launch $325 million credit facility

New York, Jan. 25 – Zotec Partners will hold a bank meeting at 10 a.m. ET on Friday to launch a $325 million credit facility (B3), according to a market source.

The facility includes a $305 million first-lien term loan and a $20 million revolver.

Goldman Sachs and Wells Fargo are the leads with Goldman on the left.

The facility will have a total net leverage ratio covenant.

Zotec Partners is a Carmel, Ind., provider of specialized medical billing and practice management services for hospital-based physicians.

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