(Reuters) - Last week, pricing on the Credit Suisse-led facility was
bumped up by 100 basis points to 450 basis points over the
London interbank offered rate. A 101 soft-call protection also
was added to the facility.
That price adjustment was attributed to the general
correction that has enveloped the loan market. Current weakness
in the secondary market is forcing a number of deals that are
being syndicated to be adjusted as lenders reevaluate risk.
Read more at Reuters.com Bonds News
bumped up by 100 basis points to 450 basis points over the
London interbank offered rate. A 101 soft-call protection also
was added to the facility.
That price adjustment was attributed to the general
correction that has enveloped the loan market. Current weakness
in the secondary market is forcing a number of deals that are
being syndicated to be adjusted as lenders reevaluate risk.
Read more at Reuters.com Bonds News
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