Friday, June 29, 2007

RLPC-UPDATE 1-ServiceMaster lifts pricing again on LBO loan

(Reuters) - Additionally, the company has postponed pricing its $1.15
billion high-yield bond offering until Monday afternoon, as it
needs more time to gain investor interest.




Pricing on ServiceMaster's $2.85 billion term loan B was on
Friday increased by another 25 basis points to 300 basis points
over Libor. Earlier this week pricing was bumped up by 50 basis
points to 275 basis points over Libor from original price talk
of 250 basis points over Libor.


Read more at Reuters.com Bonds News

No comments: