MetroNet readies launch of $125 million add-on term loan for Tuesday

By Sara Rosenberg

New York, Dec. 6 – MetroNet is set to hold a lender call at 11 a.m. ET on Tuesday to launch a fungible $125 million add-on first-lien term loan B, according to a market source.

Goldman Sachs Bank USA, TD Securities (USA) LLC, Citizens Bank, Fifth Third and KKR Capital Markets are the bookrunners on the deal.

Oak Hill and KKR Infrastructure are the sponsors.

MetroNet is an Evansville, Ind.-based provider of fiber optic high-speed broadband, video and voice services.

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