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Playtika readies launch of $1.8 billion term loan for Monday
By Sara Rosenberg
New York, Feb. 26 – Playtika Holding Corp. is scheduled to hold a lender call on Monday to launch a $1.8 billion seven-year first-lien term loan, according to a market source.
BofA Securities Inc., Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., Morgan Stanley Senior Funding Inc. and Goldman Sachs Bank USA are the leads on the deal.
The term loan has 101 soft call protection for six months, the source said.
Proceeds will be used to refinance existing debt.
Playtika is a mobile gaming company.
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