Aecom to launch new seven-year term loan B on Friday

By Sara Rosenberg

New York, April 4 – Aecom is scheduled to hold a lender call at 11 a.m. ET on Friday to launch a new seven-year first-lien term loan B, according to a market source.

BofA Securities Inc. is the left lead arranger on the deal.

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

The company also plans on getting a new term loan A.

Proceeds from the term loans will be used to refinance the company’s existing first-lien credit facilities and to add cash to the balance sheet.

Aecom is a Dallas-based provider of professional infrastructure consulting services.

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