American Trailer to launch $250 million add-on term loan on Thursday

By Sara Rosenberg

New York, Jan. 26 – American Trailer World Corp. is set to hold a lender call at 1 p.m. ET on Thursday to launch a fungible $250 million add-on first-lien term loan, according to a market source.

Goldman Sachs Bank USA is the left lead arranger on the deal.

Proceeds will be used to repay ABL borrowings and fund a one-time distribution to shareholders.

Bain Capital Private Equity is the sponsor.

American Trailer World is a Richardson, Tex.-based manufacturer and distributor of professional grade trailers, consumer grade trailers, truck equipment and retail parts.

© 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.