Environmental Systems in-market with $105 million term B refinancing

By Sara Rosenberg

New York, Aug. 12 - Environmental Systems Products Holdings Inc. is in-market with a $105 million 41/2-year term loan B to refinance existing debt, according to a syndicate document.

Credit Suisse First Boston is the sole lead arranger and bookrunner on the deal.

The term loan is priced with an interest rate of Libor plus 325 basis points, the document said. The loan launched in a bank meeting Tuesday.

Environmental Systems is an East Granby, Conn., vehicle emissions and safety testing company.

© 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.