Huron Consulting Group, a provider of business consulting services, has secured a $350 million senior secured credit facility. The loan consists of a $200 million term loan and a $150 million revolving line of credit.
Merrill Lynch, Pierce, Fenner & Smith and JP Morgan Securities served as joint lead arrangers and joint book managers in setting up the bank group comprising 11 banks. The new loan, which has a maturity date of April 14, 2016, refinances the company’s existing credit facility due in February 2012.
Click here for the release from Business Wire.