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Correction: DAE Aviation term loan, asset sale loan talked 99¼ to 99½
St. Louis, Sept. 26 - The DAE Aviation Holdings Inc. $557 million term loan B and $280 million asset sale loan are both talked at an original issue discount of 99¼ to 991/2.
Barclays Capital is the lead bank.
The term loan and asset sale loan tranches are parts of a $937 million secured credit facility (B2/BB-), which also includes a $100 million revolver.
Prospect News incorrectly reported the price talk at 98½ on Sept. 25.
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