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Published on 5/29/2018 in the Prospect News Bank Loan Daily.

Russell Investments to launch $300 million add-on term B on Wednesday

By Sara Rosenberg

New York, May 29 – Russell Investments is set to hold a lender call at 11 a.m. ET on Wednesday to launch a $300 million add-on first-lien term loan B due June 1, 2023, according to a market source.

Barclays, Credit Suisse Securities (USA) LLC and Macquarie Capital (USA) Inc. are the bookrunners on the deal.

Proceeds will be used to fund a distribution to shareholders and pay related fees and expenses.

Russell Investments is a Seattle-based asset manager.


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