Comsys to launch $100 million revolver

By Sara Rosenberg

New York, Sept. 12 - Comsys IT Partners Inc. is scheduled to hold a bank meeting on Tuesday to launch its proposed $100 million senior secured revolving credit facility, according to a market source.

Wachovia and Merrill Lynch are the lead banks on the deal, with Wachovia the left lead.

Borrowings under the revolver, along with proceeds from a proposed $150 million senior notes offering, will be used to repay outstanding indebtedness under the company's existing senior credit facility and second lien term loan.

Comsys is a Houston-based information technology staffing company.

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