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Published on 9/16/2020 in the Prospect News Bank Loan Daily.

Aligned gets $1 billion senior secured credit facilities

By Sara Rosenberg

New York, Sept. 16 – Aligned closed on $1 billion of senior secured credit facilities, according to a news release.

TD Securities, Goldman Sachs Bank USA, Citizens Bank, Deutsche Bank and Nomura Securities International Inc. served as joint bookrunners and joint lead arrangers on the deal. TD Securities is the administrative and collateral agent, Goldman Sachs is the syndication agent and ING Capital LLC is the sustainability structuring agent.

The facilities consist of a $250 million revolver, a $650 million term loan and a $100 million delayed-draw term loan.

Proceeds are being used to provide additional capital to accelerate corporate, customer and community-related sustainability initiatives as well as short and long-term growth objectives.

Aligned is an infrastructure technology company and data center provider.


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