Four More Cos. Join Repricing Conga Line

Kellerhals, Richard
February 2011
High Yield Report;2/21/2011, Vol. 22 Issue 8, p6
The article reports that as of February 2011, four companies are seeking to refinance debts of over 3 billion dollars. These include Visant Holding, which is being serviced by Credit Suisse for a 1.25 billion dollar term loan, Denny's for 290 million dollars and serviced by Bank of America Merrill Lynch, and Solutia for 700 million dollars, assisted by Deutsche Bank. Specific details of the loan refinancing schemes of each firm as serviced by their various banks, are cited.


Related Articles

  • Four More Cos. Join Repricing Conga Line. Kellerhals, Richard // High Yield Report;1/24/2011, Vol. 22 Issue 4, p6 

    This article reports on the move of four companies to participate in the repricing of term loans in the U.S. in 2011. Credit Suisse called with lenders to discuss a term loan repricing for Visant Holding. Bank of America Merrill Lynch also called with lenders to discuss repricing a term loan for...

  • Repricing Conga Line Gets Longer. Kellerhals, Richard // High Yield Report;1/24/2011, Vol. 22 Issue 4, p20 

    This article deals with the move of several companies in the U.S. to reprice their term loans in 2011. Visant Holdings, Petco and Michael Foods were among the companies that repriced their loans. Credit Suisse hosted a call with lenders for the repriced term loan of Visant. Meanwhile, a group of...

  • Banks Shop $750M TLB for Knology.  // Bank Loan Report;9/20/2010, Vol. 25 Issue 36, p2 

    The article offers news briefs related to term loans in the U.S. Sun Trust Robinson Humphrey and Credit Suisse Group AG marketed a term loan B worth 750 million dollars for Knology Inc. Citigroup Inc. and Deutsche Bank AG have revised the price talk for the term loan D worth 913 million dollars...

  • 3 Banks Defer REIT Underwriting Fees.  // American Banker;8/26/2009, Vol. 174 Issue 162, p11 

    The author reports on decisions made by Credit Suisse Group AG, Deutsche Bank AG and Bank of America Corp. in relation to underwriting fees. These companies have decided to defer underwriting fees after buyers decided to not take part in underwriting agreements. Steps that are being taking by...

  • Ahead of the pack.  // Trade;Jan-Mar2015, Issue 43, p88 

    The article reports on the leading stock brokers in the fourth quarter (Q4) of 2014 including UBS which is the year's global leader in commission generation. It cites Bank of America Merrill Lynch become the 2014 global leader in terms of value traded due to the dominance of U.S. investment in...

  • More Support for Forex Standards Bid. Bills, Steve // American Banker;7/27/2009, Vol. 174 Issue 142, p11 

    The article reports that a group of prime brokerage banks, including Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co., are in a joint venture to standardize the process of clearing high-velocity trades for hedge funds and other retail traders. The group hopes to reduce their costs and...

  • Dividend Deals Keep on Coming. Kellerhals, Richard // 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...

  • Banks Revise Spectrum, Styron Loans. Kellerhals, Richard // High Yield Report;6/7/2010, Vol. 21 Issue 23, p13 

    The article reports on the decision of Credit Suisse, Bank of America Merrill Lynch and Deutsche Bank to change the term loan they arranged for Spectrum Brands' acquisition of Russell Hobbs company and a loan for the acquisition of plastics company Styron by Bain Capital. The size of the term...

  • Banks To Shop $360M TL for U.S. TelePacific. Kellerhals, Richard // High Yield Report;2/1/2010, Vol. 21 Issue 5, p9 

    The article reports on the term loan of Credit Suisse, Deutsche Bank, and Bank of America Merrill Lynch for TelePacific worth 360 million U.S. dollars.


Read the Article


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

Try another library?
Sign out of this library

Other Topics