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Published on 4/16/2024 in the Prospect News Bank Loan Daily.

Ahead DB readies launch of $614 million term loan for Wednesday

By Sara Rosenberg

New York, April 16 – Ahead DB Holdings LLC is set to hold a lender call at noon ET on Wednesday to launch a $614 million term loan due February 2031, according to a market source.

RBC Capital Markets is the left lead arranger on the deal.

Commitments are due at noon ET on April 23, the source added.

Proceeds will be used to extend an existing $614 million first-lien term loan-1 from October 2027 to be co-terminous with an existing first-lien term loan-2.

Berkshire Partners and Centerbridge Partners are the sponsors.

Ahead DB is a Chicago-based IT solutions provider of enterprise hardware and software.


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