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Prospect News home > News index > List of issuers M > Headlines for Messer Industries > News item
Published on 3/9/2023 in the Prospect News Bank Loan Daily.

Messer Industries shops amendment to shift term loan to SOFR

By Sara Rosenberg

New York, March 9 – Messer Industries is seeking a negative consent amendment to transition its U.S. term loan to SOFR from Libor and add 10 basis points CSA, according to a market source.

Citigroup Global Markets Inc. is the lead on the deal.

The amendment deadline is Monday, the source added.

Messer Industries is a producer and refiner of industrial gases.


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