Delachaux talks $200 million term loan B at Libor plus 425-450 bps

By Sara Rosenberg

New York, March 19 – Delachaux Group SA is shopping its $200 million term loan B at talk of Libor plus 425 basis points to 450 bps with a 0% Libor floor and an original issue discount of 99.5, according to a market source.

The company’s credit facilities (B2) also include a €75 million revolver and a €678 million term loan B.

BNP Paribas, Credit Agricole and Deutsche Bank are the leads on the deal.

Proceeds will be used to refinance existing debt and to fund an acquisition.

Delachaux is a France-based provider of mission-critical engineered solutions.

© 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.