Acacium Group prices $140 million term loan at SOFR plus 525 bps

By Sara Rosenberg

New York, Dec. 1 – Acacium Group Ltd. wrapped a non-fungible $140 million incremental covenant-lite first-lien term loan due June 2028 at pricing of SOFR+CSA plus 525 basis points with a 0.5% floor and an original issue discount of 99, according to a market source.

The incremental term loan has 101 soft call protection for six months, the source said.

BofA Securities Inc. is the lead on the deal.

Proceeds will be used to fund an acquisition, to repay debt and for general corporate purposes.

Acacium is a United Kingdom-based health care solutions provider.

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