(Reuters) - The first-lien term loan has been increased to 400 basis
points over the London interbank offered rate from 325 basis
points to 350 basis points over LIBOR, while the second-lien
term loan is being raised to 750 basis points over LIBOR from
625 to 650 basis points over LIBOR, sources said.
The first-lien loan, which did not have call language
earlier, now benefits from 101 soft-call and is being issued at
98.5.
Read more at Reuters.com Bonds News
points over the London interbank offered rate from 325 basis
points to 350 basis points over LIBOR, while the second-lien
term loan is being raised to 750 basis points over LIBOR from
625 to 650 basis points over LIBOR, sources said.
The first-lien loan, which did not have call language
earlier, now benefits from 101 soft-call and is being issued at
98.5.
Read more at Reuters.com Bonds News
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