(Reuters) - Source Interlink is the latest transaction to retool its
loan as investors begin to demand extra protection and stricter
terms on debt financings. Source Interlink is raising the bank
loan to back its $1.2 billion acquisition of Primedia's
Enthusiast Media division.
A senior secured leverage test of 6.5 times now applies to
the entire deal.
Read more at Reuters.com Mergers News
loan as investors begin to demand extra protection and stricter
terms on debt financings. Source Interlink is raising the bank
loan to back its $1.2 billion acquisition of Primedia's
Enthusiast Media division.
A senior secured leverage test of 6.5 times now applies to
the entire deal.
Read more at Reuters.com Mergers News
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