Snap One readies launch of $465 million term loan B for Tuesday

By Sara Rosenberg

New York, Nov. 8 – Snap One Holdings Corp. will hold a lender call at 11 a.m. ET on Tuesday to launch a $465 million senior secured first-lien term loan B, according to a market source.

Morgan Stanley Senior Funding Inc. is the left lead arranger on the deal.

Proceeds will be used to refinance existing debt and pay related fees and expenses.

Snap One is a Charlotte, N.C.-based provider of a suite of products, services and software to professional do-it-for-me integrators.

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