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Published on 5/24/2021 in the Prospect News Bank Loan Daily.

K-MAC Holdings plans $503 million credit facilities for buyout

By Sara Rosenberg

New York, May 24 – K-MAC Holdings Corp. plans on getting $503 million of credit facilities to help fund its acquisition by Mubadala Capital, according to a market source.

BMO Capital Markets is the lead on the deal.

The facilities consist of a $50 million revolver, a $335 million first-lien term loan and a $118 million second-lien term loan, the source said.

K-MAC is a Fort Smith, Ark.-based owner and operator of quick-service restaurant franchisees.


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