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Published on 4/22/2024 in the Prospect News Bank Loan Daily and Prospect News Private Placement Daily.

Imperial Dade Financing $100 million fungible incremental loan done as private placement

By Paul A. Harris

Portland, Ore., April 22 – Imperial Dade Financing’s $100 million fungible incremental first-lien term loan has been privately placed, according to a market source.

UBS acted as the sole lead arranger.

The Jersey City, N.J.-based distributor of foodservice packaging supplies, industrial products and janitorial supplies plans to use the proceeds to repay its asset-based loan.


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