ADP syndication
WAKEFIELD, Massachusetts--American Dental Partners, Inc. has announced the launch of the syndication of $241 million of senior secured facilities, consisting of a $36 million revolving facility and a $205 million term loan.
The proceeds from the senior secured facilities, together with equity from JLL Partners Fund VI, L.P. and certain other investors, are being usedto finance the acquisition of American Dental Partners and to pay certain fees and expenses.
American Dental Partners announces end of go-shop period
KeyBank National Association, CIT Capital Securities, and NXT Capital, LLC will act as joint bookrunning managers of the debt financing.
For more information, go to www.amdpi.com.
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