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Guidehouse to launch $305 million incremental, repricing on Wednesday
By Sara Rosenberg
New York, Jan. 26 – Guidehouse will hold a lender call at noon ET on Wednesday to launch a fungible $305 million incremental first-lien term loan and a repricing of its existing $939 million first-lien term loan, according to a market source.
RBC Capital Markets is the lead on the deal.
Proceeds from the incremental term loan will be used to repay second-lien term loan borrowings.
Current pricing on the first-lien term loan is Libor plus 450 basis points with a 0% Libor floor.
Guidehouse is a provider of management consulting services to government clients.
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