Term Loan

 
News Articles for Term Loan top ^
2013/2/21
Revlon, Inc. (NYSE: REV) today announced that its wholly-owned operating subsidiary, Revlon Consumer Products Corporation ("RCPC"), successfully consummated an amendment (the "Amendment") to its Third Amended and Restated Term Loan Agreement, dated as of May 19, 2011 (as amended, the "2011 Term Loan Agreement" or the “2011 Term Loan Facility”), among RCPC, as borrower, a syndicate of lenders and Citicorp USA, Inc. (“CUSA”), as administrative agent and collateral agent.
Sign-up for Revlon Announces Successful Completion of Amendment to 2011 Bank Term Loan Agreement investment picks
2013/4/3
Reduces Interest Rate for Revolving Credit Facility by 0.50% WESTPORT, Conn.
Sign-up for Compass Diversified Holdings Expands Term Loan Facility by $30 Million and Lowers Interest Rate by 1.25% investment picks
2013/4/3
LOS ANGELES, April 3, 2013 (GLOBE NEWSWIRE) -- RadNet, Inc. (Nasdaq:RDNT) , a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 246 owned and operated outpatient imaging centers, today announced that it completed the previously announced process to re-price its existing senior secured term loan under which, as of the closing of this transaction, RadNet had approximately $348.3 million aggregate principal amount outstanding.
Sign-up for RadNet Completes the Previously Announced Re-Pricing of Its Senior Secured Term Loan and Raises an Additional $40 Million investment picks
2013/4/10
TAMPA, Fla., April 10, 2013 (GLOBE NEWSWIRE) -- Bloomin' Brands, Inc. (the "Company") (Nasdaq:BLMN) today announced that its wholly-owned subsidiary, OSI Restaurant Partners, LLC ("OSI"), completed the repricing of its existing $1.0 billion senior secured term loan B credit facility.
Sign-up for Bloomin' Brands Completes Repricing of Senior Secured Term Loan B investment picks
2013/4/15
SAN DIEGO , April 15, 2013 /PRNewswire/ -- Leap Wireless International, Inc. (NASDAQ: LEAP) today announced the closing of the previously announced $1,425 million incremental term loan facility for its wholly owned subsidiary, Cricket Communications, Inc. ("Cricket"). (Logo: http://photos.prnewswire.com/prnh/20101220/MM20546LOGO-a ) The incremental term loan facility was fully drawn at closing and matures in March 2020.
Sign-up for Leap Announces Closing of $1,425M Incremental Term Loan Facility and Redemption of 7.75% Senior Secured Notes due 2016 investment picks
2013/5/3
Calpine Corporation (NYSE: CPN) , the parent company of Calpine Construction Finance Company, L.P. (CCFC), today announced that CCFC has entered into a new credit agreement providing for a first lien senior secured term loan facility comprising (i) a $900 million 7-year term loan B tranche priced at LIBOR plus 225 basis points and (ii) a $300 million 8.5-year term loan B tranche priced at LIBOR plus 250 basis points, in each case with a LIBOR floor of 0.75%. The term loans were offered to investors at an issue price equal to 99.75%. Once drawn, CCFC intends to utilize the proceeds received from the new term loans to redeem the entire $1 billion in principal amount of CCFC’s outstanding 8% Senior Secured Notes due in 2016 at a redemption price equal to 104% (plus accrued and unpaid interest), to pay related transaction expenses and for other purposes.
Sign-up for CCFC Enters into $1.2 Billion Term Loan Facility investment picks
2013/4/8
PARK RIDGE, N.J. , April 8, 2013 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) (the "Company") announced today that its wholly-owned subsidiary, The Hertz Corporation ("Hertz"), has successfully completed a repricing of its currently outstanding $1,372 billion senior secured tranche B term loan facility.
Sign-up for Hertz Completes Repricing Of Tranche B Senior Term Loan Facility investment picks
2013/3/11
SAN DIEGO , March 11, 2013 /PRNewswire/ -- Leap Wireless International, Inc. (NASDAQ:LEAP) today announced that its wholly owned subsidiary, Cricket Communications, Inc. ("Cricket"), entered into an amendment to its existing senior secured credit agreement on March 8, 2013 to provide for a new delayed-draw incremental term loan facility of up to $1,425 million principal amount.
Sign-up for Leap Announces New Senior Secured Incremental Term Loan Facility investment picks
2013/2/13
Integrated Electrical Services, Inc. (or “IES”) (NASDAQ: IESC) , an infrastructure services company with leading positions in a broad range of markets for electrical and communications products and services, today announced that it has amended its Credit and Security Agreement with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC), to include a new two-year, $5 million Term Loan and a one-year extension of the Revolving Credit Facility to August 9, 2016.
Sign-up for Integrated Electrical Services Announces New Term Loan and Extension of Revolving Credit Facility investment picks
2013/3/13
http://media.marketwire.com/attachments/201204/44341_KARauction.jpg http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=996275&ProfileId=051205&sourceType=1 CARMEL, IN --
Sign-up for KAR Auction Services Reprices Credit Agreement Term Loans investment picks
2013/3/20
LOS ANGELES, March 20, 2013 (GLOBE NEWSWIRE) -- RadNet, Inc. (Nasdaq:RDNT) , a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 246 owned and operated outpatient imaging centers, today announced that it has begun a process to re-price its existing senior secured term loan under which, as of December 31, 2012, RadNet had approximately $349.1 million aggregate principal amount outstanding.
Sign-up for RadNet Announces Its Intention to Re-Price Its Senior Secured Term Loan and Raise an Additional $40 Million investment picks
2013/3/26
Orbitz Worldwide Secures New $450 Million Senior Secured Term Loans and $65 Million Revolving Credit Facility CHICAGO , March 26, 2013 /PRNewswire/ -- Orbitz Worldwide, Inc. (NYSE: OWW) today announced it has secured new $450 million senior secured term loans consisting of a $150 million Tranche B term loan maturing in September 2017 and a $300 million Tranche C term loan maturing in March 2019 .
Sign-up for Orbitz Worldwide Refinances Term Loan investment picks
2013/5/3
STAMFORD, Conn.
Sign-up for Charter Closes on $1 Billion in Senior Unsecured Notes and $1.2 Billion Term Loan F investment picks
2013/3/4
JACKSONVILLE, Fla., March 4, 2013 (GLOBE NEWSWIRE) -- Web.com Group, Inc. (Nasdaq:WWWW) (the "Company"), a leading provider of internet services and online marketing solutions for small businesses, today announced it has increased its first lien credit facility at an improved interest rate, and used the proceeds from the increase to retire its more expensive second lien term loan.
Sign-up for Web.com Re-Prices First Lien Debt and Increases Facility to Retire Second Lien Term Loan investment picks
2013/2/19
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today the completion of agreements with two bank syndicates providing committed financing for a $4 billion bank Term Loan and a new $3 billion Revolving Credit Facility in connection with FCX’s proposed acquisitions of Plains Exploration & Production Company (NYSE: PXP) and McMoRan Exploration Co.
Sign-up for Freeport-McMoRan Copper & Gold Inc. Completes Agreements for Acquisition Term Loan & New Revolving Credit Facility investment picks
2013/3/11
FAIRLAWN, Ohio , March 11, 2013 /PRNewswire/ -- OMNOVA Solutions Inc. (NYSE: OMN) today announced the successful completion of an amendment to its $200 million Term Loan Credit Facility ( $195.5 million outstanding).  Key changes in terms include a one-year extension of the facility maturity to May 2018 and a reduction in borrowing spreads of 1.25%.  Effective March 7 , the new floating interest rate is 4.25%.  The annual interest expense savings of the amended Term Loan Facility is approximately $2.4 million at current LIBOR rates.
Sign-up for OMNOVA Solutions Reduces Financing Costs and Extends Maturity With Completion of Term Loan Amendment investment picks
2013/2/1
Berry Plastics Group, Inc. (NYSE: BERY) announced today that its subsidiary, Berry Plastics Corporation (“Berry”), has determined that it intends to obtain commitments for $1.4 billion of first lien senior secured term loans (rather than $1.0 billion, as previously announced), to be structured as an incremental facility under Berry’s existing term loan credit agreement (such loans, the “New Loans”). Berry intends to use the net proceeds from the borrowing of the New Loans to redeem all of its outstanding 8 ¼% First Priority Senior Secured Notes due 2015, Second Priority Senior Secured Floating Rate Notes due 2014, First Priority Senior Secured Floating Rate Notes due 2015 and 10¼% Senior Subordinated Notes due 2016 (the “Redemption”). Berry is in discussion with lenders regarding the New Loans; however, there can be no assurance that Berry will obtain the commitments in the time frame or
Sign-up for Berry Plastics Corporation Announces Plans for Incremental Term Loan investment picks
2013/2/25
SAN DIEGO , Feb.
Sign-up for Leap Announces Proposed Syndication of Incremental Term Loan Facility investment picks
2013/3/19
LISLE, Ill.
Sign-up for Navistar Announces Proposed Amendment To Senior Secured Term Loan Facility investment picks
2013/3/28
TAMPA, Fla., March 28, 2013 (GLOBE NEWSWIRE) -- Bloomin' Brands, Inc. (the "Company") (Nasdaq:BLMN) today announced that its wholly-owned subsidiary, OSI Restaurant Partners, LLC ("OSI"), intends to seek a repricing of its existing $1.0 billion senior secured term loan B credit facility (the "Term Loan B"), maturing in 2019, to benefit from lower interest rates currently available in the senior secured debt markets.
Sign-up for Bloomin' Brands Announces Proposed Repricing of Existing $1.0 Billion Senior Secured Term Loan B investment picks

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Term Loan
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