Resource Label gets $130 million term loan at SOFR plus 500 bps

By Sara Rosenberg

New York, Oct. 18 – Resource Label Group (RLG Holdings LLC) wrapped up a non-fungible $130 million incremental first-lien term loan (B-) due July 2028 that is priced at SOFR plus 500 basis points with a 0.75% floor, according to a market source.

The incremental term loan has 101 soft call protection for six months and no CSA, the source said.

Credit Suisse Securities (USA) LLC is the lead on the deal.

Proceeds will be used for tuck-in acquisitions.

Resource Label Group is a Franklin, Tenn.-based provider of custom label design and printing.

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