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Published on 2/14/2020 in the Prospect News Bank Loan Daily.

Help/Systems sets Tuesday lender call for $60 million term loan

By Paul A. Harris

Portland, Ore., Feb. 14 – Help/Systems Holdings, Inc. and HP Purchaser, LLC scheduled a lender call at 11 a.m. ET on Tuesday for a $60 million fungible incremental first-lien term loan due November 2026, according to a market source.

Jefferies LLC is the arranger.

Proceeds will be used to fund an acquisition.

The borrower is a Minneapolis-based company that supplies IT operations management and monitoring, cybersecurity, and business intelligence software.


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