Russell Investment to launch $996 million term loan on Thursday

By Sara Rosenberg

New York, Oct. 7 – Russell Investment Management LLC is scheduled to hold a lender call at 11 a.m. ET on Thursday to launch a $996 million senior secured first-lien term loan due June 2025, according to a market source.

Barclays is the lead on the deal.

Proceeds will be used to amend and extend by two years the maturity of the existing $996 million term loan due June 2023.

Russell is a Seattle-based asset manager.

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