LPL Holdings seeks credit facility amendment, offers 12.5 bps fee

By Sara Rosenberg

New York, April 18 – LPL Holdings Inc. is in market with an amendment to its credit agreement for existing lenders only, according to a market source.

Lenders are being offered a 12.5 basis points amendment fee, the source said.

J.P. Morgan Securities LLC is the lead on the deal.

Consents are due on Monday.

LPL is a Boston-based investment company.

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