BGIS shops amendment to change term loan borrowings to SOFR

By Sara Rosenberg

New York, Feb. 10 – BGIS (Brookfield Global Integrated Solutions) is seeking a negative consent amendment to transition its term loan debt to SOFR from Libor and add 10 basis points CSA, according to a market source.

Citigroup Global Markets Inc. is the lead on the deal.

The amendment deadline is Feb. 17, the source added.

BGIS is an integrated facilities management company.

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