Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for FleetCor Technologies, Inc. > News item |
FleetCor readies launch of $1 billion term loan for Wednesday
By Sara Rosenberg
New York, Dec. 7 – FleetCor Technologies Inc. is set to hold a lender call at 11 a.m. ET on Wednesday to launch a $1 billion add-on term loan B due April 2028, according to a market source.
BofA Securities Inc. is the left lead on the deal.
The add-on term loan has 101 soft call protection for six months, the source said.
Proceeds will be used to repay revolving credit facility borrowings and for general corporate purposes, including acquisitions and potential share repurchases.
FleetCor is an Atlanta-based business payments company.
© 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.