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WCG Purchaser to launch $200 million term loan on Wednesday
By Sara Rosenberg
New York, Dec. 7 – WCG Purchaser Corp. is scheduled to hold a lender call at 10:30 a.m. ET on Wednesday to launch a fungible $200 million incremental first-lien term loan due Jan. 8, 2027, according to a market source.
Barclays is the left lead on the deal and the administrative agent.
Proceeds will be used to repay revolving credit facility borrowings, fund cash to the balance sheet, and pay fees, expenses and original issue discount.
WCG is Princeton, N.J.-based provider of clinical trial optimization solutions.
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