Survey Sampling launches $36 million incremental term loan at 99.5 OID

By Sara Rosenberg

New York, May 28 – Survey Sampling International LLC launched on Thursday its fungible $36 million incremental term loan with original issue discount talk of 99.5, according to a market source.

Pricing on the incremental loan is Libor plus 500 basis points with a 1% Libor floor, in line with the company’s existing $212 million term loan.

GE Capital Markets is the lead on the deal.

Commitments are due on June 11, the source added.

Proceeds will be used for merger and acquisition purposes.

Survey Sampling is a Shelton, Conn.-based provider of data solutions and technology for consumer and business-to-business research.

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