Alphia to launch $640 million term loan B on Monday afternoon

By Sara Rosenberg

New York, Sept. 15 – Alphia Inc. is set to hold a lender call at 1 p.m. ET on Monday to launch a $640 million term loan B, according to a market source.

Goldman Sachs Bank USA, Jefferies LLC, BMO Capital Markets, Citizens, Deutsche Bank Securities Inc., Morgan Stanley Senior Funding Inc., Rabobank, SMBC and Wells Fargo Securities LLC are the arrangers on the deal.

Proceeds will be used to help fund the buyout of the company by PAI Partners from J.H. Whitney Capital Partners.

Closing is subject to customary conditions, including the receipt of certain regulatory approvals.

Alphia is a Denver-based contract manufacturer of dry pet food and treats.

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