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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
BofA Merrill Lynch Arranges New $525MM Facility for Wesco Aircraft Holdings
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Lenders/Participants
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Bank of America Merrill Lynch [Sole Lead Arranger]
Barclays Bank [Joint Bookrunner]
Morgan Stanley Senior Funding [Joint Bookrunner]
RBC Capital Markets [Joint Bookrunner]
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Structure
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New Term Loan B
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Amount
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$525.000
Million
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Borrower(s)
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Wesco Aircraft Holdings
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Description
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The acquisition of Haas was funded by a combination of a new $525 million term loan B facility that was added to the company’s existing senior secured credit facilities. The term loan B will carry a variable rate of interest based on, at the option of the Company, either a base rate or the Eurocurrency rate plus, in each case, an applicable margin. The applicable margin for the new term loan B is 1.50% for base rate loans (with a base rate floor of 1.75%), and 2.50% for Eurocurrency rate loans (with a Eurocurrency rate floor of 0.75%). The new term loan B will mature on February 28, 2021.
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Industry
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Aircaft
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| Related Tags |
Bank of America Merril Lynch
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ABL Advisor
Deal Tables
2025
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