Win Waste shops amendment to shift term loan to SOFR from Libor

By Sara Rosenberg

New York, March 23 – Win Waste Innovations is seeking a negative consent amendment to transition its term loan to SOFR from Libor and add CSA, according to a market source.

The CSA would be ARCC standard of 11.448 basis points one-month rate, 26.161 bps three-month rate and 42.826 bps six-month rate, the source said.

Credit Suisse Securities (USA) LLC is the lead on the deal.

The amendment deadline is March 30, the source added.

Win Waste is a vertically-integrated waste services provider.

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