Help at Home to launch $205 million term loan on Wednesday

By Sara Rosenberg

New York, March 22 – Help at Home (HAH Group Holding Co. LLC) is scheduled to hold a lender call at 1 p.m. ET on Wednesday to launch a non-fungible $205 million incremental first-lien term loan due Oct. 29, 2027, according to a market source.

Jefferies LLC, Barclays and UBS Investment Bank are the arrangers on the deal.

Price talk on the incremental term loan is SOFR+CSA plus 500 basis points with a 1% floor, the source said.

Proceeds will be used to fund the acquisition of Edison Home Health Care and Preferred Home Care of New York.

Help at Home is a Chicago-based provider of home care and support to the elderly and people with disabilities in their homes and community-based settings.

© 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.