DiscoverOrg to launch $1.34 billion credit facilities on Wednesday

By Sara Rosenberg

New York, Jan. 15 – DiscoverOrg LLC is scheduled to hold a lenders’ presentation at 10 a.m. ET on Wednesday to launch $1,335,000,000 of senior secured credit facilities, according to a market source.

Morgan Stanley Senior Funding Inc., Barclays and Antares Capital are the leads on the deal.

The facilities consist of a $100 million revolver, an $825 million first-lien term loan and a $410 million second-lien term loan, the source said.

Proceeds will be used to fund an acquisition and refinance existing debt.

DiscoverOrg is a Vancouver, Wash.-based provider of sales and marketing data.

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