Southern Veterinary Partners places $250 million of term loans

By Sara Rosenberg

New York, June 15 – Southern Veterinary Partners LLC privately placed a nonfungible $140 million incremental first-lien term loan (B2/B-) and a nonfungible $110 million incremental second-lien term loan (Caa2/CCC), according to a market source.

Golub Capital acted as the lead arranger on the first-lien term loan. Jefferies is the administrative agent.

Proceeds will be used to fund acquisitions and for general corporate purposes.

Southern Veterinary is a Birmingham, Ala.-based provider of general practice veterinary services.

© 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.