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Correction: Allied Universal U.S. bridge loans at Libor plus 500 bps
New York, Dec. 15 – Allied Universal’s $900 million interim one-year secured bridge loan 1 and $775 million interim one-year secured bridge loan 2 are both priced at Libor plus 500 basis points.
Stories in the Dec. 10 editions of the Prospect News Bank Loan Daily and the Prospect News High Yield Daily incorrectly reported the interest rate.
Allied Universal is a Santa Ana, Calif.-based provider of security services. G4S is a London-based security services company.
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