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ABRA Auto Body to launch $325 million term loan B on Wednesday
By Sara Rosenberg
New York, June 13 – ABRA Auto Body & Glass will hold a lender call on Wednesday to launch a $325 million first-lien term loan B, according to a market source.
Bank of America Merrill Lynch is the left lead bookrunner on the deal. Nomura is a bookrunner as well.
Proceeds will be used to refinance existing term loan borrowings.
ABRA is a Brooklyn Park, Minn.-based provider of vehicle damage repair services.
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