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BHM Technologies $335 million credit facility to launch Thursday
By Sara Rosenberg
New York, June 21 - BHM Technologies LLC is scheduled to hold a bank meeting on Thursday to launch its proposed $335 million credit facility, according to a market source.
Lehman is the lead bank on the deal.
The facility consists of a $35 million six-year revolver, a $220 million seven-year first-lien term loan B and an $80 million 71/2-year second-lien term loan, the source said.
Proceeds will be used to help fund First Atlantic Capital's leveraged buyout of the auto supplier.
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