Ahead/Data Blue to launch $440 million term loan B on Wednesday

By Sara Rosenberg

New York, Sept. 9 – Ahead/Data Blue will hold a bank meeting on Wednesday to launch a $440 million seven-year term loan B, according to a market source.

BofA Securities Inc. and TD Securities (USA) LLC are the lead banks on the deal.

Proceeds will be used to help fund the merger of the two Court Square Capital portfolio companies and to pay a dividend.

Ahead is a Chicago-based consulting company that helps enterprises transform how and where they run applications and infrastructure. Data Blue is an Atlanta-based designer and provider of IT infrastructure solutions for large enterprise clients.

© 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.