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Huntsworth to launch $300 million first-lien term loan on Wednesday
By Sara Rosenberg
New York, July 9 – Huntsworth plc is scheduled to hold a lender call at 11 a.m. ET on Wednesday to launch a $300 million first-lien term loan, according to a market source.
RBC Capital Markets is the lead on the deal.
Proceeds will be used to support the £575 million buyout of the company by Clayton, Dubilier & Rice, which was completed in May.
Other funds for the transaction came from a £75 million privately placed second-lien term loan, the source said.
Huntsworth is a London-based health care marketing and communication company.
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