Western Dental to launch $145 million incremental term B on Thursday

By Sara Rosenberg

New York, Dec. 4 – Western Dental Services is scheduled to hold a lender call at 3 p.m. ET on Thursday to launch a fungible $145 million incremental term loan B, according to a market source.

RBC Capital Markets, Deutsche Bank Securities Inc. and BMO Capital Markets are the bookrunners on the deal.

Commitments are due at noon ET on Dec. 14, the source added.

Proceeds will be used to fund the acquisition of Access Dental Services and South Texas Dental.

Western Dental, a portfolio company of New Mountain Capital, is an Orange, Calif.-based dental services organization.

© 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.