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Vivint closes $762m refi

March 7, 2012Martha Entwistle

PROVO, Utah—In a deal that includes 20 lenders, Vivint announced Feb. 29 that it has closed a new $762 million senior debt financing, $72 million more than the residential security and home automation provider's previous financing.“We now have 20 banks investing,” Christopher Black, Vivint CFO, told Security Systems News. “Nine of those banks are new and most are new to the security industry as well.”The new lenders include private equity groups, hedge funds, small regional...

CapitalSource, Christopher Black, Goldman Sachs Specialty Lending Group, Vivint