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Omnia to launch $160 million add-on first-lien term loan on Tuesday
By Sara Rosenberg
New York, May 6 – Omnia Partners Inc. will hold a lender call on Tuesday to launch a $160 million add-on first-lien term loan, according to a market source.
Barclays, Jefferies LLC and Fifth Third are the bookrunners on the deal.
The company is also getting a $46 million pre-placed add-on second-lien term loan.
Proceeds will be used to fund a distribution to shareholders.
TA Associates is the sponsor.
Omnia is a Franklin, Tenn.-based group purchasing organization.
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