Technicolor to launch €560 million-equivalent term loan B on Thursday

By Sara Rosenberg

New York, March 15 – Technicolor SA is scheduled to hold a lender call at 11:30 a.m. ET on Thursday to launch a €560 million-equivalent U.S. and euro senior secured term loan B, according to a market source.

Goldman Sachs International, Morgan Stanley Senior Funding Inc. and Natixis are the leads on the deal.

Proceeds will be used to refinance existing term loan debt due in 2020, the source said.

Technicolor is a France-based technology company focused on the media and entertainment sector.

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