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Alliant Holdings to repay term loans with notes proceeds
By Sara Rosenberg
New York, Feb. 6 – Alliant Holdings plans to refinance debt under its existing term loan facilities using proceeds from a $1.25 billion senior secured notes offering, according to a market source.
Remaining proceeds from the notes will be used for general corporate purposes.
Alliant is a Newport Beach, Calif.-based specialty insurance brokerage firm.
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