TransFirst to launch $100 million add-on term loan on Wednesday

By Sara Rosenberg

New York, July 29 – TransFirst Holdings Inc. is scheduled to hold a call at 9:30 a.m. ET on Wednesday to launch a $100 million add-on first-lien term loan, according to a market source.

Bank of America Merrill Lynch, GE Capital Markets, Deutsche Bank Securities Inc., SunTrust Robinson Humphrey Inc. and Wells Fargo Securities LLC are the lead banks on the deal.

Proceeds will be used to fund a dividend, the source said.

TransFirst is a Hauppauge, N.Y.-based provider of transaction processing services and payment enabling technologies.

© 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.