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Western Dental to launch $352 million term loan repricing on Thursday
By Sara Rosenberg
New York, Dec. 6 – Western Dental Services (Premier Dental Services Inc.) is scheduled to hold a lender call on Thursday to launch a repricing of its $352 million term loan, according to a market source.
RBC Capital Markets is the lead on the deal.
The repricing will take the term loan down from Libor plus 525 basis points with a 1% Libor floor.
Western Dental, a portfolio company of New Mountain Capital, is an Orange, Calif.-based dental services organization.
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