FleetCor to launch $245 million term loan B repricing on Monday

By Sara Rosenberg

New York, Jan. 6 – FleetCor Technologies Inc. will hold a lender call on Monday to launch a repricing of its $245 million term loan B, according to a market source.

Bank of America Merrill Lynch is the lead bank on the deal.

The term loan B will be repriced from Libor plus 300 bps with a 0.75% Libor floor.

FleetCor is a Norcross, Ga.-based provider of specialized payment products and services, including fleet cards, food cards and corporate lodging discount cards for businesses.

© 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.