Avantor gets OK on amendment to transition U.S. term debt to SOFR

By Sara Rosenberg

New York, March 21 – Avantor Inc.’s negative consent amendment to change its U.S. term loan debt to SOFR from Libor and add 10 basis points CSA passed, according to a market source.

Goldman Sachs Bank USA is the lead on the deal.

Avantor is a Radnor, Pa.-based provider of mission-critical products and services to customers in the life sciences and advanced technologies & applied materials industries.

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