i3 Verticals, LLC
|Deal Type||Debt Capital Markets|
Senior Secured Revolving Credit Facility
|Client & Transactional Partners||i3 Verticals||Our Role||Joint Lead Arranger|
i3 Verticals, LLC closes $300 Million Senior Secured Revolving Credit Facility
On May 9, 2019, KeyBanc Capital Markets Inc. (“KBCM") successfully closed the syndication of a $300 million Senior Secured Revolving Credit Facility (the “Revolver”) for i3 Verticals, LLC (“i3 Verticals” or the “Company”). The Credit Facilities were upsized from $150 million and will be used to refinance existing indebtedness and for general corporate purposes. KBCM was selected as Joint Lead Arranger on the transaction due to our extensive industry expertise and debt capital markets capabilities. This represents KBCM’s first debt transaction with the Company. KBCM previously acted as Joint Bookrunner on the Company’s 2018 IPO.