Arcis Golf sets Nov. 9 lender call to launch $300M refinancing term loan B

A Deutsche Bank-led arranger group has scheduled a lender call for Nov. 9 at 10:30 a.m. ET to launch a $300 million, seven-year covenant-lite term loan B for Arcis Golf LLC that will be used to back a refinancing, sources said. Commitments will be due Thursday, Nov. 18, by 5 p.m. ET.

The transaction is set to include six months of 101 soft call protection.

Deutsche Bank is administrative agent.

Arcis Golf, privately held by Atairos and Fortress Investment Group, is an owner and operator in the U.S. golf market, with 28 private and 37 daily fee clubs.