GoodRx to launch $560 million first-lien credit facilities on Tuesday

By Sara Rosenberg

New York, Sept. 21 – GoodRx is scheduled to hold a bank meeting at 10 a.m. ET in New York on Tuesday to launch $560 million of first-lien credit facilities, according to a market source.

Goldman Sachs Bank USA, Barclays, Bank of America Merrill Lynch, Credit Suisse Securities (USA) LLC, KKR Capital Markets, Citizens and SunTrust Robinson Humphrey Inc. are the leads on the deal.

The first-lien facilities consist of a $40 million revolver and a $520 million first-lien term loan, the source said.

The company is also getting a $225 million second-lien term loan that has been privately placed.

Proceeds will be used to help fund the acquisition of a significant minority stake in the company by Silver Lake Partners from existing owners Francisco Partners, Spectrum Equity and management.

GoodRx operates a prescription drug price comparison and coupon platform.

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