EQ in its incremental term loan in connection with a dividend recapitalization
On June 21, 2024, Equiniti, a portfolio company of Siris Capital Group, LLC, entered into a $250 million incremental term loan in connection with a dividend recapitalization. The proceeds of the loan are expected to be used to fund a special dividend to shareholders, to pay fees and expenses in connection with the foregoing and for general corporate purposes.
Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Equiniti.