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Reported Earlier, Alta Equipment Prices $500M Private Offering Of 9.000% Senior Secured Second Lien Notes Due 2029

Reported Earlier, Alta Equipment Prices $500M Private Offering Of 9.000% Senior Secured Second Lien Notes Due 2029

此前报道,Alta Equipment对2029年到期的9.000%优先担保第二留置权票据的5亿美元私募股权定价
Benzinga ·  05/22 03:47

Concurrent with the closing of the offering, the Company expects to amend and extend its existing $485 million senior secured asset-based revolving credit facility due 2026 (the "Existing ABL Facility") and $70 million floor plan facility due 2026 (the "Existing Floor Plan Facility") with a $520 million senior secured asset-based revolving credit facility due 2029 (the "New ABL Facility") and a $90 million floor plan facility due 2029 (together with the New ABL Facility, the "First Lien Facilities").

在发行结束的同时,公司预计将修改和延长其现有的2026年到期的4.85亿美元优先担保资产循环信贷额度(“现有ABL额度”)和2026年到期的7,000万美元平面规划额度(“现有平面规划额度”),其中5.2亿美元于2029年到期的基于优先担保资产的循环信贷额度(“新的ABL贷款”)和2029年到期的9000万美元平面规划贷款 9(连同新的ABL设施,即 “第一留置权设施”)。

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