Meredith readies loan lender call for Monday afternoon

By Sara Rosenberg

New York, June 19 – Meredith Corp. is scheduled to hold a call for loan lenders at 3 p.m. ET on Monday, according to a market source.

RBC Capital Markets is the lead bank on the transaction.

Currently, the company has a roughly $1.1 billion term loan B priced at Libor plus 250 basis points with a 0% Libor floor and $1.3 billion of senior unsecured notes priced at 6 7/8%.

Meredith is a Des Moines, Iowa-based media and marketing company.

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