Arrow Bidco Announces Pricing of $340 Million Senior Secured Notes Offering
PLATINUM EAGLE ACQUISITION CORP CL A ORDINARY (EAGL)
US:NASDAQ Investor Relations:
prnewswire.com/news-releases/double-eagle-acquisition-corp-announces-results-of-its-extraordinary-general-meeting-300520476.html
Company Research
Source: Business Wire
THE WOODLANDS, Texas--(BUSINESS WIRE)-- Arrow Bidco, LLC, a Delaware limited liability company (the “Issuer”), announced today that it has priced its offering of $340 million in aggregate principal amount of its 9.50% senior secured notes due 2024 (the “Notes”). The proceeds of the offering will be used, together with funds from other sources, to: (i) fund Target Logistics Management, LLC’s (“Target Lodging”) and RL Signor Holdings LLC’s (“Signor Lodging”) planned business combination (the “Business Combination”) with Platinum Eagle Acquisition Corp., a Nasdaq-listed special purpose acquisition company (“Platinum Eagle”), (ii) repay in full certain existing third-party and intercompany indebtedness and (iii) pay fees and expenses incurred in connection with the Business Combination. After giving effect to the Business Combination, the Issuer will be the direct parent of Target Lodging and Signor Lodging and an indire
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