MRI Software to launch $165 million credit facility on Wednesday

By Sara Rosenberg

New York, Jan. 10 - MRI Software will hold a bank meeting on Wednesday to launch a $165 million credit facility, according to sources.

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

The facility consists of a $15 million revolver and a $150 million first-lien term loan, sources said.

The company is also getting a privately placed $65 million second-lien term loan.

MRI Software is a Solon, Ohio-based provider of real estate enterprise software applications and hosted solutions.

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