2 Feb, 2021

IEnergizer receives $150M term loan, $15M revolver for dividend, refinancing

IEnergizer, Inc. has received a $165 million loan financing backing a shareholder dividend and debt refinancing. CIT Group Inc.'s technology, media and telecommunications business is co-lead arranger and joint bookrunner, the companies said today.

The debt financing includes a $150 million term loan and a $15 million revolving credit facility, according to the statement.

IEnergizer provides technology-enabled business process outsourcing services and media solutions across a range of industries.