Terms Set For Insurance Auto

© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

Terms Set For Insurance Auto

Pricing was set for the $165 million facility backing Kelso & Co.'s $414 million acquisition of Insurance Auto Auctions.

Pricing was set for the $165 million facility backing Kelso & Co.'s $414 million acquisition of Insurance Auto Auctions. Pricing on the six-year, $50 million revolver is LIBOR plus 2 3/4% and pricing on the six-and-a-half year, $115 million term loan "B" is LIBOR plus 3%. Bear Stearns and Deutsche Bank are leading the deal. There is also a $150 million high-yield bond deal.

 

Gift this article