Tacala to launch $85 million of incremental term loans on Monday

By Sara Rosenberg

New York, Nov. 6 – Tacala Cos. will hold a lender call on Monday to launch $85 million of incremental term loans, according to a market source.

KKR Capital Markets and Wells Fargo Securities LLC are the joint lead arrangers on the deal.

The debt consists of a $65 million incremental first-lien term loan and a $20 million incremental second-lien term loan, the source said.

Proceeds will be used for a dividend recapitalization.

Tacala is a Vestavia Hills, Ala.-based franchise operator of Taco Bell restaurants.

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