Buyers Edge Platform to launch $550 million term loan B on Friday

By Sara Rosenberg

New York, April 4 – Buyers Edge Platform is set to hold a lender call on Friday to launch a $550 million seven-year term loan B (B1), according to a market source.

JPMorgan Chase Bank is the left lead on the deal.

Proceeds will be used to refinance existing debt, fund a distribution and add cash to the balance sheet.

Buyers Edge is a Waltham, Mass.-based provider of procurement, supply chain management and software services to foodservice operators.

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