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Merrill $200 million credit facility to launch Tuesday
By Sara Rosenberg
New York, July 8 - Merrill Corp. will hold a bank meeting Tuesday to launch a proposed $200 million credit facility, according to a syndicate document.
Credit Suisse First Boston and Bank of America are joint lead arrangers and joint bookrunners on the deal.
The facility consists of a $50 million four-year revolving credit facility and a $150 million five-year term loan B with pricing on the tranches still to be determined, the document said.
Proceeds will be used for debt repayment.
Merrill is a St. Paul, Minn., diversified communication and document service company.
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