Teneo to launch $150 million incremental term loan on Wednesday

By Sara Rosenberg

New York, March 16 – Teneo is scheduled to hold a lender call at 1 p.m. ET on Wednesday to launch a fungible $150 million incremental first-lien term loan, according to a market source.

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

Proceeds will be used to fund the acquisition of Deloitte UK’s restructuring services business.

CVC Capital Partners is the sponsor.

Teneo is a New York-based CEO advisory firm.

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