Warburg Pincus $1.21 billion financing

Overview:

• Private equity firm Warburg Pincus has obtained $1.21 billion in financing.
• The financing consisted of an $835 million first lien term b loan, a $245 million second lien term b loan and a $130 million first lien revolving credit facility.
• The proceeds will be in connection with Warburg Pincus's concurrent acquisitions of security companies United Services of America and Guardsmark.
• Credit Suisse acted as administrative agent and lead arranger, while Citigroup, Deutsche Bank and HSBC were arrangers. 

Kurt Stumpo - Journalist