Monday, July 23, 2007

RLPC-SABIC launches $5.4 bln loan for GE Plastics buy-source

(Reuters) - The debt is being raised on a non-recourse basis at the
target level through a Sabic entity, Sabic Innovative Plastics
Holding BV.




The loan is split between a $1.1 billion, term loan A,
which carries a margin of 125 basis points over LIBOR,
and a $4.3 billion term loan B that pays 250 bps.


Read more at Reuters.com Mergers News

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