UBS Kicks Off $1 Billion of Loans for Celsius’ Alani Nu Purchase

A group of banks led by UBS Group AG launched a $1 billion debt package on Wednesday for energy-drink maker Celsius Holdings Inc.’s acquisition of Alani Nutrition LLC, according to a person familiar with the matter.

The financing consists of a seven-year $900 million first-lien term loan and a five-year $100 million revolving credit facility, said the person, who was not authorized to discuss the transaction publicly. Price talk calls for a margin of 3 to 3.25 percentage points above the Secured Overnight Financing Rate, offered at 99 to 99.5 cents on the dollar, the person said.