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Affinion opts for PIK for upcoming term loan interest payment
By Sara Rosenberg
New York, Feb. 26 - Affinion Group Holdings Inc. elected to use its PIK option for the interest payment due Sept. 1, 2009 on its $350 million senior unsecured term loan, according to a news release.
Affinion is a Norwalk, Conn.-based provider of marketing services and loyalty programs.
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