TROW - OHA is the Left Lead Arranger of STV's Private Unitranche Financing | Benzinga
New York, New York, March 21, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors ("OHA") served as the Left Lead Arranger for the private financing of STV Group, Inc. ("STV"), which is partnered with The Pritzker Organization ("TPO"). STV is a leading provider of engineering and consulting services focused on infrastructure and transportation projects across North America. The financing proceeds are being used to support a refinancing of STV's existing syndicated first lien capital structure, fund an acquisition and help support STV's continued growth. OHA is one the largest holders of the total facility, which is over $500 million in size.
OHA's strong relationship with TPO positioned it to source and engage early with the borrower to structure an optimal financing solution, having recently served as Lead Arranger for the private unitranche refinancing of Mammoth Holdings, also partnered with TPO. Additionally, OHA was a natural partner given its deep experience investing in the engineering and consulting industry.
"With its solution-oriented leadership and ability to ...