Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Caliber Collision > News item |
Caliber Collision relaunches amendment to transition to SOFR
By Sara Rosenberg
New York, June 2 – Caliber Collision relaunched the negative consent amendment to shift its term loan due 2026 to SOFR from Libor, this time with 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.
BofA Securities Inc. is the lead on the deal.
The amendment deadline is Thursday, the source added.
Caliber Collision is a Lewisville, Tex.-based collision repair company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.