Medical Solutions plans $370 million of incremental term loans

By Sara Rosenberg

New York, Sept. 11 – Medical Solutions plans on getting $370 million of incremental term loans to help fund its acquisition of C&A Industries Inc., according to a market source.

UBS Investment Bank is the lead on the deal.

The debt consists of a $270 million incremental first-lien term loan and a $100 million incremental second-lien term loan, the source said.

Closing is expected by the end of the third quarter, subject to customary conditions, including regulatory clearance.

Medical Solutions is an Omaha, Neb.-based health care staffing company. C&A is an Omaha, Neb.-based staffing and recruitment firm.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.