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Vivid Seats readies launch of $522 million term loan B for Tuesday
By Sara Rosenberg
New York, March 19 – Vivid Seats LLC is scheduled to hold a lender call at 2 p.m. ET on Tuesday to launch a $522 million first-lien term loan B due June 30, 2024, according to a market source.
Barclays, RBC Capital Markets, SunTrust Robinson Humphrey Inc. and Jefferies LLC are the bookrunners on the deal.
Proceeds will be used to reprice an existing first-lien term loan B.
Commitments are due at noon ET on Friday, the source added.
Vivid Seats is a Chicago-based secondary ticket marketplace for live sports, concerts and theater events.
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