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HelpSystems to launch $300 million of term loans on Monday
By Sara Rosenberg
New York, April 29 – HelpSystems is scheduled to hold a lender call at 10:30 a.m. ET on Monday to launch $300 million of incremental term loans, according to a market source.
Golub Capital is the lead on the deal.
The debt consists of a fungible $170 million incremental first-lien term loan and a non-fungible $130 million incremental second-lien term loan, the source said.
HelpSystems, a portfolio company of TA Associates, HGGC and Charlesbank, is an Eden Prairie, Minn.-based provider of IT operations management and monitoring, cybersecurity and business intelligence software.
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