US EditionJefferies, UBS lead $1bn loan for Bain Sizzling Platter buyout
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Jefferies, UBS lead $1bn loan for Bain Sizzling Platter buyout
Wall Street lenders, led by Jefferies and UBS, have launched pre-marketing efforts for over $1bn in debt to support Bain Capital’s acquisition of Sizzling Platter, a major multi-brand restaurant franchisee, according to a report by Bloomberg citing sources familiar with the transaction. The financing structure comprises a $505m term loan and $400m in secured notes. In addition, lenders are preparing a $150m first lien delayed draw term loan faci…
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