Lucky Bucks, LLC
|Deal Type||Debt Capital Markets|
Senior Secured Incremental Credit Facilities
|Client & Transactional Partners||Lucky Bucks, LLC||Our Role||
Joint Lead Arranger
On March 31, 2021, KeyBanc Capital Markets (“KBCM") successfully raised $90.0 million of Senior Secured Incremental Credit Facilities (the “Incremental Credit Facilities”) for Lucky Bucks, LLC (“Lucky Bucks” or “Company”), consisting of a $45.0 million Incremental Term Loan A and a $45.0 million Incremental Delayed Draw Term Loan. Proceeds from the Incremental Credit Facilities will be used to pay down existing Revolver outstanding's and to fund future acquisitions. The Incremental Credit Facilities increase the total facility size to $317.6 million.
KBCM acted as Joint Lead Arranger, Joint Bookrunner and Administrative Agent on the Transaction. This financing represents KBCM’s third syndicated transaction with Lucky Bucks since January 2020.