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Published on 1/27/2021 in the Prospect News Bank Loan Daily.

TRC to launch $215 million incremental loan repricing on Thursday

By Sara Rosenberg

New York, Jan. 27 – TRC Cos. Inc. will hold a lender call on Thursday to launch a repricing of its roughly $215 million incremental first-lien term loan, according to a market source.

UBS Investment Bank is the lead on the deal.

Current pricing on the incremental term loan is Libor plus 500 basis points with a 1% Libor floor.

TRC is a Lowell, Mass.-based engineering, environmental consulting and construction management firm.


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