SnapAV/Wirepath readies loan lender call for Thursday afternoon

By Sara Rosenberg

New York, Jan. 17 – SnapAV/Wirepath is scheduled to hold a lender call at 2 p.m. ET on Thursday to launch a repricing of its term loan, according to a market source.

UBS Investment Bank is the lead bank on the deal.

Current term loan pricing is Libor plus 525 basis points with a 1% Libor floor.

SnapAV is a Charlotte, N.C.-based manufacturer of audio, video, networking, power and surveillance products for residential and commercial A/V integrators.

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