Spring Education to launch $634 million term loan repricing Wednesday

By Sara Rosenberg

New York, Jan. 28 – Spring Education Group is scheduled to hold a lender call at noon ET on Wednesday to launch a repricing of its $634 million term loan, according to a market source.

Macquarie Capital (USA) Inc. is the lead on the deal.

Current pricing on the term loan is Libor plus 425 basis points with a 0% Libor floor.

Spring Education is a California-based provider of pre-K through 12th grade education.

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