Sevita readies launch of $200 million term loan B for Tuesday

By Sara Rosenberg

New York, Dec. 6 – Sevita will hold a lender call at 2 p.m. ET on Tuesday to launch a $200 million incremental first-lien term loan B, according to a market source.

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

Proceeds will be used to fund the company’s acquisition pipeline.

Sevita, formerly known as the Mentor Network, is a Boston-based provider of home- and community-based health and human services for individuals with intellectual, developmental, physical or behavioral disabilities and other special needs.

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