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MedImpact sets Wednesday meeting for $350 million first-lien term loan
By Paul A. Harris
Portland, Ore., Sept. 28 – A bank meeting for MedImpact's $350 million seven-year first-lien term loan B is set for 10:30 a.m. ET on Wednesday, according to a market source.
UBS Investment Bank is the bookrunner.
The loan price and spread remain to be determined.
The interest rate will float atop a 1% Libor floor.
The borrower is a San Diego-based full-service pharmacy benefit management company.
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