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Prospect News home > News index > List of issuers T > Headlines for TriNet HR Corp. > News item
Published on 7/6/2016 in the Prospect News Bank Loan Daily.

TriNet readies launch of $135 million term loan A for Thursday

By Sara Rosenberg

New York, July 6 – TriNet HR Corp. is scheduled to launch on Thursday a $135 million term loan A talked with initial pricing of Libor plus 275 basis points, according to a market source.

J.P. Morgan Securities LLC is the lead bank on the deal.

Proceeds will be used to help refinance an existing term loan B.

TriNet is a San Leandro, Calif.-based cloud-based provider of on-demand HR services.


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