Dividend Deals Keep on Coming

Kellerhals, Richard
February 2011
High Yield Report;2/14/2011, Vol. 22 Issue 7, p20
The article examines several dividend-related loans recently marketed by banks. Goldman Sachs, Bank of America Merrill Lynch and Credit Suisse are marketing a term loan B backing CareStream Health's refinancing and dividend recapitalization at Libor plus 350 basis points (bps). Meanwhile, a dividend recap term loan for Edwards was syndicated by JPMorgan and Deutsche Bank.


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