Digital Room plans $530 million credit facilities for buyout

By Sara Rosenberg

New York, Nov. 16 – Digital Room plans on getting $530 million of senior secured credit facilities to help fund its acquisition by Sycamore Partners, according to a market source.

UBS Investment Bank is the left lead arranger on the deal.

The facilities consist of a $50 million revolver, a $340 million first-lien term loan and a $140 million second-lien term loan, the source said.

Other funds for the transaction will come from equity, which is expected to be roughly 45% of the total capitalization.

Digital Room is a Sherman Oaks, Calif.-based provider of customized marketing solutions to small- and medium-sized businesses.

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