Roark Preps $285 Million Loan for Auntie Anne’s Buy

It’s been more than a week since Roark Capital unveiled its takeover of Auntie Anne’s, the pretzel maker, and now we have some deal details.

FOCUS Brands, a Roark portfolio company, is launching a $285 million facility to back its buy of Auntie Anne’s. The deal consists of a $275 million term loan and a $10 million revolver, according to my compadres at Thomson Reuters Loan Pricing Corp.

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