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Published on 1/31/2020 in the Prospect News Bank Loan Daily.

Access CIG pulls first-lien term loan debt repricing from market

By Sara Rosenberg

New York, Jan. 31 – Access CIG LLC withdrew due to market conditions the repricing of its roughly $916.2 million first-lien term loan due February 2025 and roughly $50 million first-lien delayed-draw term loan due February 2025, according to a market source.

Talk on the term loans was Libor plus 350 basis points with a 0% Libor floor, a par issue price and 101 soft call protection for six months.

Jefferies LLC was the lead on the deal.

Access CIG is a Livermore, Calif.-based provider of physical and digital records and information management services.


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