Oshkosh Buys Back Term Loan B, Irking Investors

Kellerhals, Richard
September 2010
High Yield Report;9/13/2010, Vol. 21 Issue 37, p17
The article reveals that Bank of America Merrill Lynch and JP Morgan will hold a bank meeting to discuss about Oshkosh Corp.'s 550 million U.S. dollars revolver and a 650 million U.S. dollars A term loan. The author reports that several investors were annoyed that their institutional debt was being replaced with pro rata debt while other buyside observers believe that this was the latest instance of banks interfering in the institutional loan market.


Related Articles

  • Oshkosh Buys Back Term Loan B, Irking Investors.  // Bank Loan Report;9/13/2010, Vol. 25 Issue 35, p1 

    Information about the topics discussed during the bank meeting organized by Bank of America Corp. and J.P. Morgan Chase & Co. in September 2010 in the U.S. presented. The event featured a discussion on Oshkosh Corp.'s profit worth 550 million dollars and 650 million dollars of A term loan. It...

  • Banks Shop $500M TL for Toys 'R' Us, Prep Notes. Kellerhals, Richard // High Yield Report;8/16/2010, Vol. 21 Issue 33, p32 

    The article reports that Bank of America Merrill-Lynch, JPMorgan and Goldman Sachs have been tapped to market a 500 million U.S. dollar million term loan to back Toys 'R' Us' refinancing. Toys 'R' Us also plans to issue 500 million U.S. dollars in senior notes to help it refinance its debt....

  • Select Medical Offers $500M in Notes. Sheahan, Matthew // High Yield Report;5/20/2013, p3 

    The article reports that Select Medical, a specialized health care provider, is offering 500 million dollars in senior notes due 2021. Some of the bookrunners for the deal include JPMorgan, Goldman Sachs and Bank of America Merrill Lynch. The company plans to use the proceeds to pay its debt on...

  • CBRE Plans Bond Issue for $500M. Sheahan, Matthew // High Yield Report;3/18/2013, p5 

    The article reports on real estate services company CBRE Services' launch of a bond offering of senior notes due 2023. Bookrunners for the deal include JPMorgan, Bank of America Merrill Lynch, and Wells Fargo. Part of the sale's proceeds will be used to repay some of the company's senior secured...

  • Banks Ink $1.15B Facility for Hanesbrands. Kellerhals, Richard // High Yield Report;11/23/2009, Vol. 20 Issue 47, p6 

    This article reports on a credit facility arranged by a bank consortium for U.S. clothing company Hanesbrands in 2009. The credit facility consists of a term loan and a revolving credit. The consortium includes J.P. Morgan, Bank of America, HSBC and Barclays. The company plans to use the...

  • Getty's $1.27B TL Slated for Refi and Dividend. Kellerhals, Richard // High Yield Report;10/25/2010, Vol. 21 Issue 43, p15 

    This article reports on the move of a bank consortium to begin marketing a term loan for Getty Images in 2010. The consortium included J.P. Morgan, GE Capital, Bank of America Merrill Lynch and Goldman Sachs. The company intends to use the proceeds to refinance debt and finance a dividend...

  • Banks Shop $1.15B Deal for Hanesbrands. Kellerhals, Richard // High Yield Report;11/30/2009, Vol. 20 Issue 48, p2 

    The article reports on the 1.15 billion credit facility arranged by a bank consortium made up of JPMorgan, Bank of America, HSBC and Barclays for Hanesbrands, a clothing company based in Winston-Salem, North Carolina. It relates the amount of the term loan and revolver that comprised the credit...

  • Banks Talk Price on DaVita's $1.75B TLB, Ready $1.45B Notes. Kellerhals, Richard // High Yield Report;10/4/2010, Vol. 21 Issue 40, p25 

    This article reports on the move of J.P. Morgan and Bank of America Merrill Lynch to establish price talk on a term loan B for DaVita, a provider of kidney dialysis services.

  • BofA, JPM Kick Off $350M Sports Authority TL. Kellerhals, Richard // High Yield Report;11/1/2010, Vol. 21 Issue 44, p16 

    This article deals with the marketing started by Bank of America Merrill Lynch and JPMorgan on a covenant-lite term loan for The Sports Authority.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics