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Spring Education to launch $106 million term loan on Wednesday
By Sara Rosenberg
New York, Feb. 25 – Spring Education Group plans to hold a lender call on Wednesday to launch a $106 million incremental first-lien term loan, according to a market source.
Macquarie Capital (USA) Inc. is the lead on the deal.
Proceeds will be used to fund the acquisition of schools.
Spring Education, a Primavera Capital Group portfolio company, is a provider of pre-K through 12th grade education.
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