MV Credit Takes Lead In Senior Secured Debt Refinancing of a Business Process Outsourcing Servicing Group

MV Credit has co-arranged the refinancing of MSX International, a global provider of technology-enabled business process outsourcing services to automotive manufacturers owned by Bain Capital.

MSX International handles services for automotive dealers including processing requests and communication for warranties, services, and spare parts. As an outsourced provider, the company generates predictable revenues.

Malek Ghali, Managing Director in the Direct Lending Team at MV Credit, said: “We supported Bain Capital with its original acquisition of MSX International in 2016. We therefore know MSX well and were able to co-lead the structuring of a tailor-made senior secured financing. It is an attractive opportunity because of the stable industry subsegment with adequate leverage and strong cashflow generation to sustain the financing.”

You can now read the full press release at the link below