TriZetto sets Thursday investor call for $150 million second-lien loan

By Paul A. Harris

Portland, Ore., Sept. 18 - TriZetto Group Inc. set an investor call for 1 p.m. ET on Thursday to launch its $150 million seven-year second-lien term loan, according to an informed source.

RBC Capital Markets is the lead arranger.

Proceeds will be used to refinance the company's revolving credit facility and to put additional cash on its balance sheet.

TriZetto is a Greenwood Village, Colo.-based health care information technology company to the health care payer industry.

© 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.