Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Outcomes Group Holdings, Inc. > News item |
Paradigm to launch $800 million credit facilities on Thursday
By Sara Rosenberg
New York, March 20 – Paradigm (Outcomes Group Holdings Inc.) is scheduled to hold a lender call at 10:30 a.m. ET on Thursday to launch $800 million of credit facilities, according to a market source.
UBS Investment Bank is the left lead arranger on the deal.
The facilities consist of a $100 million five-year revolver and a $700 million seven-year first-lien term loan, the source said.
The term loan has 101 soft call protection for six months.
Commitments are due at 5 p.m. ET on April 1, the source added.
Proceeds will be used to refinance existing first- and second-lien credit facilities.
Omers Private Equity is the sponsor.
Paradigm is a Walnut Creek, Calif.-based accountable, specialty care management organization.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.