MB Aerospace of the UK, a parts supplier, which was purchased last month by Arlington Capital Partners for an undisclosed sum yesterday launched syndication of a $105 million senior secured loan that backs the purchase of Delta Industries. Lead by SocGen and BNP Paribas the unrated credit is structured as a $15 million, five-year revolver, a $70 million, six-year term loan and a $20 million-equivalent, six-year sterling tranche. The US-dollar denominated loans are at L+475, with a 1.25% LIBOR floor, at 99. The sterling tranche is at L+500, also with a 1.25% LIBOR floor, at 99. Pro forma leverage is
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