Loan Market Bustles-Dividend Schmividend

Clouse, Carol J.
November 2010
High Yield Report;11/15/2010, Vol. 21 Issue 46, p29
The article presents updates for the loan market. Petco has launched pricing for a covenant-lite term loan B worth 1.1 billion U.S. dollars, which will be partly used to pay a dividend. Other price talks on new loans were discussed, including those from Revel Entertainment, Armstrong World Industries, Race Point Power, ClubCrop Inc. and Presidio.


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