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TransUnion relaunches amendment to shift term loan B-6 to SOFR
By Sara Rosenberg
New York, May 17 – TransUnion LLC relaunched its negative consent amendment to transition its term loan B-6 to SOFR from Libor, this time offering ARRC standard CSA of 11.448 basis points one-month rate, 26.161 bps three-month rate and 42.826 bps six-month rate, according to a market source.
Previously, the company was offering CSA of 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate.
Deutsche Bank Securities Inc. is the lead on the deal.
The amendment deadline is Friday, the source added.
The company did receive lender approval of its negative consent amendment to shift its term loan B-5 to SOFR from Libor with CSA of 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate.
TransUnion is a Chicago-based information and insights company.
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