Gartner to pay down revolver, some term A debt via new note proceeds

By Rebecca Melvin

New York, June 18 – Gartner Inc. said it plans to pay down a portion of its outstanding borrowings under a term loan A facility and repay all outstanding borrowings under an existing revolving credit facility, according to a company release.

The senior secured credit facility repayments will be funded using proceeds from new notes. The company is offering $500 million of senior notes due 2028.

Gartner is a Stamford, Conn.-based information technology research and advisory company.

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