C Spire readies launch of $250 million term loan B-1 for Tuesday

By Sara Rosenberg

New York, July 31 – C Spire is scheduled to hold a bank meeting on Tuesday to launch a $250 million seven-year term loan B-1, according to a market source.

Bank of America Merrill Lynch and Moelis & Co. are the leads on the deal.

Proceeds will be used to refinance existing debt and for general corporate purposes, the source said.

C Spire is a Ridgeland, Miss.-based diversified telecommunications and technology services company.

© 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.