Signify Health to launch $350 million term loan B on Tuesday

By Sara Rosenberg

New York, June 7 – Signify Health LLC will hold a lender call at 1 p.m. ET on Tuesday to launch a $350 million seven-year first-lien term loan B, according to a market source.

Barclays, JPMorgan Chase Bank, Goldman Sachs Bank USA, BofA Securities Inc. and UBS Investment Bank are the joint bookrunners on the deal. Barclays is the administrative agent.

The term loan has 101 soft call protection for six months, the source said.

Proceeds will be used to repay existing term loans and to pay related fees and expenses.

Signify Health is a Dallas-based health care platform that powers and creates value-based payment programs.

© 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.