Structuring Term Loan B Transactions: Combining High Yield ...

Mar 27, 2018 · Term Loan B vs High Yield Bond TLB HYB Firm underwriting amount, pricing & closing date commitment Amounts, pricing and closing dependent on market conditions Secured Unsecured (US), Secured (Europe) No minimum deal size Issuance must be at least $100-150 million 5-7 year tenor 7-10 year tenor Generally lower pricing (floating rate) and fees ................
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