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MediaOcean to launch $225 million first-lien loan repricing Wednesday
By Sara Rosenberg
New York, Dec. 6 – MediaOcean LLC is scheduled to hold a lender call on Wednesday to launch a repricing of its $225 million first-lien term loan, according to a market source.
Macquarie Capital (USA) Inc. is the lead on the deal.
The repricing will take the term loan down from Libor plus 475 basis points with a 1% Libor floor.
MediaOcean is a New York-based software company for the advertising sector.
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