(Reuters) - The $10 billion first-lien loan is now talked in the 375
basis points over Libor range, up from 325 basis points over
Libor. Meanwhile, pricing on the $2 billion second-lien loan
has been widened to 700 basis points over Libor from original
talk of 600 basis points over Libor. The loan, which was
originally being sold at 100 cents to the dollar, is now
expected to clear at a discount.
Read more at Reuters.com Bonds News
basis points over Libor range, up from 325 basis points over
Libor. Meanwhile, pricing on the $2 billion second-lien loan
has been widened to 700 basis points over Libor from original
talk of 600 basis points over Libor. The loan, which was
originally being sold at 100 cents to the dollar, is now
expected to clear at a discount.
Read more at Reuters.com Bonds News
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