Dye & Durham to launch $367 million term loan B on Thursday

By Sara Rosenberg

New York, March 20 – Dye & Durham will hold a lender call at 11 a.m. ET on Thursday to launch a $367 million term loan B, according to a market source.

Goldman Sachs Bank USA is the left lead arranger on the deal.

Proceeds will be used with $500 million of other secured debt to refinance the company’s existing first-lien capital structure and repay convertible debentures due 2026.

Dye & Durham is a provider of cloud-based software and technology solutions to law firms.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.