Cypress Semiconductor sets Tuesday lender call for $1.05 billion revolver, term loan repricings

By Paul A. Harris

Portland, Ore., Feb. 26 – Cypress Semiconductor Corp. plans to launch $1,045,098,684 of loan repricings on a lender call scheduled to get underway at 11 a.m. ET on Tuesday, according to a market source.

The deal includes a $540 million senior secured revolver and a $505,098,684 senior secured term loan B.

Morgan Stanley Senior Funding, Inc., Barclays Bank plc and SunTrust Robinson Humphrey, Inc. are arranging the transaction.

Cypress is a San Jose, Calif.-based semiconductor manufacturer.

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