TITLE

Banks Prep Vertafore, Gentiva Loans

AUTHOR(S)
Kellerhals, Richard
PUB. DATE
July 2010
SOURCE
High Yield Report;7/5/2010, Vol. 21 Issue 27, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the two term loans planned to be launched by a bank consortium and a Credit Suisse-led bank group in July 2010. A 600 million U.S. dollar term loan B is expected to be marketed by a bank consortium for Gentiva Health Services. Meanwhile, the Credit Suisse-led bank group plans to start syndication of a 550 million U.S. dollar term loan for Vertafore. Gentiva's term loan B is priced at Libor plus 700 book value per share (bps) while Vertafore's loan has yet to be announced.
ACCESSION #
52108956

 

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