Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Ahead DB Holdings, LLC > News item |
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.
© 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.