Ansira talks $300 million credit facility at Libor plus 650 bps

By Sara Rosenberg

New York, Nov. 28 – Ansira Partners Inc. is talking its $300 million unitranche credit facility at Libor plus 650 basis points with a 1% Libor floor and an original issue discount of 99 ahead of its Wednesday bank meeting, according to a market source.

The facility includes a $25 million revolver, a $240 million term loan and $35 million delayed-draw term loan.

The term loans have call protection of 102 in year one and 101 in year two, the source said.

Antares Capital is the lead on the deal.

Proceeds will be used to help fund the buyout of the company by Advent International from KRG Capital Partners.

Closing is expected by year-end, subject to customary conditions.

Ansira is a St. Louis-based data-driven, technology-enabled marketing solutions provider.

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