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BroadStreet Partners readies launch of $410 million term B for Monday
By Sara Rosenberg
New York, Oct. 20 – BroadStreet Partners Inc. is set to hold a bank meeting at 2 p.m. ET in New York on Monday to launch a $410 million term loan B, according to a market source.
RBC Capital Markets, Bank of America Merrill Lynch and SunTrust Robinson Humphrey Inc. are the lead arrangers on the deal.
Proceeds will be used to refinance existing debt, the source said.
BroadStreet is a Columbus, Ohio-based insurance broker.
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