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The newest $3 hundred mil, seven-year term mortgage B to possess CTC Holdings LP has sprang in order to a beneficial
The fresh new $300 billion, seven-12 months title financing B to possess CTC Holdings LP has actually jumped so you’re able to a beneficial
5% floor and you can an enthusiastic OID from 99.5. Arises from the offer is familiar with pay their founded first-lien term fund, and therefore totaled $563 billion just after 2021, centered on S&P Worldwide Reviews. Brand new refinancing emerges shortly after Secure Collection and you may Madison Avenues mutually assented to terminate the brand new advised product sales of the providers so you can Madison, Moody’s noted when you look at the Feb.