First Eagle to launch $1.81 billion credit facilities on Thursday

By Sara Rosenberg

New York, Oct. 17 – First Eagle Holdings Inc. will hold a lender call at 10:30 a.m. ET on Thursday to launch $1.81 billion of senior secured credit facilities, according to a market source.

Morgan Stanley Senior Funding Inc. is the lead bank on the deal.

The facilities consist of a $200 million revolver and a $1.61 billion term loan B, the source said.

Proceeds will be used to refinance existing debt and for general corporate purposes.

First Eagle is a New York-based independent, privately held asset management firm.

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