|Deal Type||Debt Capital Markets|
Senior Secured Credit Facilities
|Client & Transactional Partners||
Joint Lead Arranger
On October 9th, KeyBanc Capital Markets (“KBCM") successfully closed the financing of $125.0 million in Senior Secured Credit Facilities to support JLL Partners’ (“JLL” or the “Sponsor”) acquisition of MedeAnalytics Parent, Inc (“MedeAnalytics” or the “Company”). The facilities are comprised of a $15.0 million ‘first out’ Revolving Credit Facility (the “Revolver”) a $110.0 million ‘last out’ Senior Secured Term Loan (the “Term Loan”). Proceeds from the facilities will be used to support the Sponsor’s acquisition of the Company, support ongoing working capital needs, refinance existing indebtedness, and pay for transaction-related fees and expenses. KBCM served as Joint Lead Arranger, Joint Bookrunner, and Administrative Agent on the transaction. KBCM was selected in this transaction due to our strong relationship with JLL and deep industry expertise.