Affidea Group to launch €150 million add-on term loan B on Tuesday

By Sara Rosenberg

New York, May 18 – Affidea Group BV (Celeste Bidco BV) is scheduled to hold a lender call at 6 a.m. ET on Tuesday to launch a fungible €150 million add-on first-lien term loan B due June 2029, according to a market source.

BNP Paribas, KKR Capital Markets and Goldman Sachs are the joint global coordinators and physical bookrunners on the deal. UniCredit Bank is the agent.

Pricing on the add-on term loan is Euribor plus 500 basis points with a 0% floor, in line with pricing on the company’s existing €600 million term loan B.

Commitments are due on May 26, the source added.

Proceeds will be used to fund bolt-on acquisitions, to repay revolving credit facility borrowings, for general corporate purposes and to pay related fees and expenses.

Groupe Bruxelles Lambert is the sponsor.

Affidea is a Netherlands-based provider of integrated community health care, offering diagnostic imaging, outpatient services, lab services and cancer care.

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