Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for CHG Healthcare Services Inc. > News item |
CHG Healthcare launches first-lien term loan at Libor plus 325-350 bps
By Sara Rosenberg
New York, Nov. 5 - CHG Healthcare Services Inc. launched on Tuesday its first-lien term loan with talk of Libor plus 325 basis points to 350 bps with a 1% Libor floor and a par offer price, according to a market source.
The loan has 101 soft call protection for six months, the source said.
Goldman Sachs Banks USA and Barclays are the lead banks on the deal.
Proceeds will be used to reprice an existing term loan from Libor plus 375 bps with a 1.25% Libor floor.
CHG is a Salt Lake City-based health care staffing firm.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.