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CoreLogic begins process to refinance current term loans, revolvers
By Tali Rackner
Minneapolis, July 26 – CoreLogic Inc. initiated a process to refinance its current term loan debt and revolving credit facilities, according to its 2017 second-quarter financial results report.
The refinancing is intended to secure a new credit agreement that increases the company’s financial flexibility by expanding capacity and extending tenor at interest rates and terms substantially equivalent to CoreLogic’s existing credit agreement.
The new credit agreement is expected to close in August.
Based in Irvine, Calif., CoreLogic provides financial, property and consumer information and analytics.
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