Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Archway Marketing Said to Set Rate on $175 Million Buyout Loan

June 13 (Bloomberg) -- Archway Marketing Services Inc., a provider of outsourced marketing logistics and fulfillment services, set the interest rate on $175 million of loans to back the company’s buyout by Investcorp, according to a person with knowledge of the transaction.

GE Capital Markets the lending unit of General Electric Co. and ING Bank are arranging the financing for the Rogers, Minnesota-based company which consists of a $110 million term loan, a $35 million delayed-draw term portion and a $30 million revolving line of credit, according to data compiled by Bloomberg.

All three pieces will pay interest at 5.25 percentage points more than the London interbank offered rate, said the person, who declined to be identified because the terms are private. Libor, a rate banks say they can borrow in dollars from each other, will have a 1.25 percent floor.

Archway Marketing is proposing to sell the debt at 99 cents on the dollar, the person said, reducing proceeds for the company and boosting the yield to investors.

An e-mail sent to Investcorp seeking comment was not immediately returned.

To contact the reporter on this story: Michael Amato in New York at

To contact the editor responsible for this story: Faris Khan at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.