E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers S > Headlines for SRS Distribution Inc. > News item
Published on 2/8/2013 in the Prospect News Private Placement Daily.

SRS Distribution to use $100 million mezzanine debt for buyout funding

By Lisa Kerner

Charlotte, N.C., Feb. 8 - SRS Distribution Inc. will use $100 million of mezzanine debt to help fund the buyout of the company by Berkshire Partners from AEA Investors, according to a market source.

The company also expects to launch a proposed $320 million credit facility for additional funding.

SRS is a McKinney, Texas-based roofing distributor.


© 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.