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EagleView Technology to launch $360 million credit facility on Tuesday
By Sara Rosenberg
New York, July 10 – EagleView Technology Corp. is scheduled to hold a bank meeting at 10 a.m. ET on Tuesday to launch a $360 million senior secured credit facility, according to a market source.
Morgan Stanley Senior Funding Inc. and Nomura Securities International Inc. are the leads on the deal.
The facility consists of a $20 million revolver, a $240 million first-lien term loan and a $100 million second-lien term loan, the source said.
Proceeds will be used to help fund the buyout of the company by Vista Equity Partners.
EagleView is a Bothell, Wash.-based technology provider of aerial imagery, data analytics and GIS solutions.
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