Segra shops $275 million term loan at Libor plus 400 bps

By Sara Rosenberg

New York, May 19 – Segra (MTN Infrastructure TopCo Inc.) is talking its $275 million term loan (B) at Libor plus 400 basis points with a 1% Libor floor and an original issue discount of 94 to 95, according to a market source.

TD Securities (USA) LLC and CoBank are the leads on the deal.

Proceeds will be used to support an acquisition.

Segra is a fiber infrastructure bandwidth company.

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