Vertis Seeks $500M First-Lien Term Loan

Kellerhals, Richard
September 2010
High Yield Report;9/6/2010, Vol. 21 Issue 36, p5
The article focuses on the refinancing scheme for marketing communications company Vertis Holdings, involving a 500 million U.S. dollars first-lien term loan to refinance existing debt, which includes 13.5 percent senior pay-in-kind notes due 2014 and 18.5 percent senior secured second-lien debt due 2012, as of September 2010.


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