Aegion Corporation, New Mountain Capital
|Deal Type||Debt Capital Markets|
Senior Secured Credit Facilities
|Client & Transactional Partners||
Joint Lead Arranger
On May 17th, KeyBanc Capital Markets (“KBCM") successfully closed the syndication of $750 million Senior Secured Credit Facilities for Aegion Corporation (“Aegion” or the “Company”). The facilities are comprised of a $75 million Revolving Credit Facility (the “Revolver”) and a $675 million Senior Secured Term Loan (the “Term Loan”). Proceeds from the facilities will be used to support New Mountain Capital’s (“NMC” or the “Sponsor”) take-private acquisition of Aegion, support ongoing working capital needs, and pay transaction related fees and expenses. KBCM served as Joint Lead Arranger and Joint Bookrunner and was chosen to play a role in the financing transaction due to its strong industry expertise and long-standing relationship with New Mountain Capital.