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EnergySolutions to launch $640 million term loan B on Thursday
By Sara Rosenberg
New York, Sept. 6 – EnergySolutions is set to hold a lender call at 11 a.m. ET on Thursday to launch a $640 million term loan B, according to a market source.
RBC Capital Markets is the left lead on the deal.
Proceeds will be used to primarily refinance an existing roughly $546 million term loan B due 2025 that is priced at SOFR plus 375 basis points, to partially pay down revolving credit facility borrowings and to fund the acquisition of Williams Industrial Services Group Inc.’s nuclear, fossil, energy delivery and paper mill operations for $60 million.
EnergySolutions is a Salt Lake City-based nuclear services company.
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