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Published on 5/19/2022 in the Prospect News Bank Loan Daily.

EisnerAmper clubs up $75 million incremental first-lien term loan

By Sara Rosenberg

New York, May 19 – EisnerAmper (Eisner Advisory Group LLC) clubbed up its fungible $75 million incremental covenant-lite first-lien term loan due July 2028, according to a market source.

Pricing on the incremental term loan is SOFR plus 475 basis points with a 0.75% floor.

Allocations went out on Wednesday, the source added.

Deutsch Bank Securities Inc. and Guggenheim are the leads on the deal.

Proceeds will be used to fund near-term acquisitions.

In connection with this transaction, pricing on the company’s existing first-lien term loan is moving to SOFR plus 475 bps with a 0.75% floor from Libor plus 475 bps with a 0.75% floor.

EisnerAmper is a New York-based professional services firm with a full suite of accounting, tax and advisory services.


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