Ensono to launch $100 million add-on term loan on Thursday

By Sara Rosenberg

New York, Jan. 31 – Ensono is set to hold a lender call at 2 p.m. ET on Thursday to launch a fungible $100 million add-on term loan, according to a market source.

KKR Capital Markets is the lead on the deal.

Proceeds will be used for general corporate purposes.

Pricing on the existing term loan is SOFR+CSA plus 400 basis points with a step-down to SOFR plus 375 bps and a 0.75% floor.

CSA is ARRC standard of 11.448 bps one-month rate, 26.161 bps three-month rate and 42.826 bps six-month rate.

Ensono is a Downers Grove, Ill.-based technology adviser, innovation partner and managed service provider.

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