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Cirque du Soleil to launch $65 million add-on term loan on Wednesday
By Sara Rosenberg
New York, June 12 – Cirque du Soleil Canada Inc. will hold a lender call at 1 p.m. ET on Wednesday to launch a fungible $65 million add-on first-lien term loan due July 2022, according to a market source.
RBC Capital Markets is the left lead bookrunner on the deal and the administrative agent.
The add-on term loan has 101 soft call protection for six months, the source said.
Including the add-on, the first-lien term loan will total $690 million.
Cirque du Soleil is a Montreal-based producer of live artistic entertainment.
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