TITLE

Mr. Loan's Wild Repricing Ride

AUTHOR(S)
Kellerhals, Richard
PUB. DATE
February 2011
SOURCE
High Yield Report;2/28/2011, Vol. 22 Issue 9, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article reports that five companies have joined the leveraged loan market's repricing trend in a bid to lower the interest rate on over two billion U.S. dollars in debt. The largest institutional deal of the five is Gentiva Health Services with a 547 million U.S. dollar term loan B. Particular focus is given to the price structure of the repricing effort made by GE Capital, Barclays, SunTrust Robinson Humphrey and Bank of America Merrill Lynch for Gentiva. The credit facility of Midcontinent Communications is composed of a term loan and revolver.
ACCESSION #
59152491

 

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