Metaldyne to launch $415 million term loan B repricing on Friday

By Sara Rosenberg

New York, Feb. 14 - Metaldyne LLC will hold a call on Friday morning to launch a repricing of its $415 million term loan B from Libor plus 475 basis points with a 1.25% Libor floor, according to a market source.

BofA Merrill Lynch is the lead bank on the deal.

Metaldyne is a Plymouth, Mich.-based designer and supplier of metal-formed components and assemblies for powertrain applications.

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