E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/26/2021 in the Prospect News Bank Loan Daily.

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.


© 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.