Aspect Software to launch $935 million credit facilities on Tuesday

By Sara Rosenberg

New York, April 16 – Aspect Software Inc. (Atlas Purchaser Inc.) is set to hold a bank meeting at 12:30 p.m. ET on Tuesday to launch $935 million of senior secured credit facilities, according to a market source.

Jefferies LLC, Credit Suisse Securities (USA) LLC, TD Securities (USA) LLC, Macquarie Capital (USA) Inc., Truist and Apollo are the joint lead arrangers on the deal.

The facilities consist of a $75 million five-year revolver, a $610 million seven-year first-lien term loan and a $250 million eight-year second-lien term loan, the source said.

The first-lien term loan has 101 soft call protection for six months, and the second-lien term loan has hard call protection of 102 in year one and 101 in year two.

Proceeds will be used to fund the acquisition of Aspect Software and Noble Systems Corp. by Abry Partners LLC.

Aspect Software is a provider of mission critical contact center and workforce optimization software applications. Noble Systems is a provider of customer contact technology.

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